Flash Player 10.0 introduced RTMFP and FP 10.1 RTMFP groups, both powerful P2P features. In parallel AIR for Android is getting ready for primetime, with full support of Flash Player 10.1, local camera/mic and P2P.
A logical application enabled by these features is P2P video chat, which was even recognized by Engadget.
Here is a demo of a Stratus based demo application. Please note "AirTime" is not a product or anything official, but simply a quick demo I wrote. It's basically the mobile optimized version of the public Stratus demo, based on the public source code. Enjoy!
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