If you ever have the need to have several people in a chat room at once it can be a pain as you have to make sure everyone is using the same chat/IM program (assuming the program supports the chat function). As a much better alternative, take a look at Tinychat:

Tinychat is a dead simple, free to use video/audio/desktop chat system. It is entirely web based, requires no downloads or plugins (aside from Flash) and works on all browsers and operating systems.

I can see this being useful for situations ranging from study groups to live fantasy sport drafts. The fact that no installation is required and it works on any computer with a browser is incredibly attractive.

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