Gizmo Project (updated)
(Originally posted Thursday November 24th)

I have now officially tested this free telephone with a friend living in Montreal and I'm happy to say that the sound quality is equivalent to that of Skype and contrary to Skype, it didn't hang-up once during our conversation. Plus it has a few extra features that Skype doesn't have. For example: It has an integrated mapping system that resembles Google Earth's software, using satellite imagery to locate the person you are talking to. Cool!

Check out Gizmo Project it's the future of internet telephone.

P.S. Telephone companies are getting really pissed off at these "free" internet phone services.
Three cheers for Gizmo: Hip hip hurray! Hip hip hurray! Hip hip hurray!