updated 06:10 pm EDT, Mon August 8, 2011
Unclear how soon Skype will actually be integrated
There are new indications that Microsoft will be providing video chat capabilities into its Wave 5 release of Messenger within Windows Live. Liveside.net has posted Skype-like video icon images for Wave 5 Messenger. It is still not clear to what extent Microsoft will be able to incorporate video chat capabilities from Skype, which the company announced it was buying in May for $8.5 billion.
More details will probably emerge from Microsoft at the upcoming Build conference for Windows developers in September. Until then, how Microsoft will offer video chat functionality is still open to speculation. Microsoft's acquisition of Skype has still not received regulatory approval, so the company may be forced to go with a stopgap solution.