Voice over IP, a field I've been working in, has been generating some recent excitement. And that's appropriate.
However a lot of the talk is about something I consider the wrong direction. I call it PoIP, for PSTN over IP or worse, POTS over IP. (POTS, in turn, stands for Plain old Telephone Service.)
This is largely what you get from Vonage and AT&T CallVantage and similar companies. An effort to create a product very similar to the old style phone or PBX, just at a lower price. Yes, there are some differences -- a few cute features formely found only in higher end PBXs and so-called Intelligent switches, and of course the geography-independent nature of using your internet connection as the hookup.
But must of these new features are evolutionary. They aren't the "disruptive" change that we're really looking for. Indeed, in the early days, I used to joke that VoIP was "Not quite as good as the old telephone, but at least it's harder to configure."
It may be that reputation that scared people into making PoIP. They feel, perhaps correctly, that first they must convince the public that VoIP isn't scary, that it's very similar to the phone. And indeed, some customers need that convincing. But that train of thought never leads to a disruptive change, and Vonage will never survive being AT&T for a few bucks less.
Skype, for better or worse, was ready to give up the old world, and insist you use a PC to make calls. I've had investors insist there is no way people would pick up a mouse to make calls, but they are doing so.
A disruptive product is worse than the status quo in others, and does something new the old guard weren't expecting. VoIP users should embrace the internet, not just to jam it into the phone.