Apple’s iPhone has been a game-changer in portable devices since its original smart phone shippedin 2007. The extremely loyal fanbase swears that the new iPhone 4 is so much more than” just another phone,” and they’re right. The communication and productivity tools have come quite a long way in such a short span of time.  It’s probably why thousands camp out annually at each new release. What is yet to be determined, however, is the integration of one of the iPhone’s newest features, video conferencing, and its ability to push video conferencing into prominence as the foremost communication tool in today’s marketplace.

In the June 7^th keynote that introduced the product, Apple chief Steve Jobs provided a quick demo and went into some depth about the capabilities of what he calls “Facetime” (watch after the jump)