Voice Over IP (VOIP) is a way to transmit voice communications, like phone conversations, over the Internet. Skype is a Web 2.0 application that uses IP (Internet Protocol) addresses instead of phone numbers and is often used with a headset connected to a PC. There are several providers that have emerged (Vonage is spending a fortune on TV ads), but I have found Skype to be pretty easy to use and full of features.
Another feature I have not tried is Skypecast. This creates a large online conference call with up to100 people. Skypecasts are scheduled to begin and end at a certain time and usually have a certain topic of discussion.
I don’t see Skype as a telephone replacement service and it cannot be used for emergency dialing. There are other Web-based VoIP systems (Gizmo, Google Talk, and Yahoo! Voice among others), but I am enjoying what I get with Skype.
My Skype account is lorenzostork