We recently signed up for a Webex account which allows us to host online presentations and teleconferences. We have also used Skype for video conferencing and we've even tried it using our phones. The quality is not great but it works.

Then I read yesterday about Cisco's TelePresence product. Here you have true video conferencing capabilities where you communicate with life size screens and surround sound audio that really looks like you could be in the same room. There is a brief (very cheesy) video on their web site that's worth a look. http://www.cisco.com/en/US/products/ps7060/index.html

 Interestingly one of the big selling points so far is the green credentials (or how much money is saved in air travel) that the big companies around the world are now concerned with. Cisco estimate they will save $50 million in travel cost alone themselves by using the TelePresence product and the executive have it in their homes. It is expected that similar (but much cheaper) versions will be in homes in the next couple of years. Puts a new imperative on working from home.