I like the idea of video chat sessions, but I also find that consoles are trying to grasp at this being a brilliant thing they can do. We've been video chatting since the early 2000's though, and to me its more of an example of Consoles being left behind in some areas of technology. Why do I need to pay a huge price to video chat when I have my laptop with Skype already on it or just using party chat over the 360.
With that said, I do get it. Its a cool idea that you can leave video messages for people, but I also believe that its something that'll be like free coffee on Sundays at an apartment complex...that's nice but unused.