In another interesting turn of events, Skype is partnering up with Facebook to offer video chat in the site. It's interesting that newly rolled out Google+ Hangouts offers video conferencing.
Competition is this space has been needed for awhile since MySpace has dwindled. Most likely this apparent chess game between the social media giants will be a win for consumers.
Read more at TechCrunch: Facebook Will Launch In-Browser Video Chat Next Week In Partnership With Skype