Skype video calling for iOS devices

There have been many rumors on when Skype would send out their app update for iOS devices that would enable video calling. Tonight version 3.0 was released. For iPhone 4, iPhone 3GS, iPod touch 4th generation users it has the same features as Facetime with added 3g support. The 3GS users will only be able to use the back camera for video as there is not one one the front. iPod touch 3rd generation and iPad users will only be able to receive video and not broadcast it to whoever they are chatting. This is a long awaited feature for many and I for one think it will cripple Facetime.