Hi. Just wanted to bring you up to speed and keep up our transparency. Let me tell you about Stuart, our independence, some policies, keeping secrets, reviewing, and ask for your help.

First, one of our owners and founders, Stuart Henshall, left the building earlier this year. He's still an owner but is happily working full time in an executive role at a stealth start-up. I've been asked not to say what his firm is called or what it's doing, but it's very cool. Skype cool.

Second, Jim Courtney joined us this spring. He's a great analyst and brings serious science, engineering, and business chops to his writing. He also brings his field work to the table, consulting on partnering strategies, channels of distribution, product management, and business planning. Jim's become one of the most linked-to VoIP bloggers and we're glad to have him.

Second, Jean Mercier asked if Skype Journal remains independent. Jean, an occasional Skype Journalist, noted I met Skype's Jaanus Kase. I've actually met a handful of Skype personnel. Yes, we remain financially indepedent of eBay and Skype. The only money changing hands that I know of is Skype paying part of Bill Campbell's air travel and lodging costs for a meeting next month. That trip is part of his uncompensated participation in Skype's closed Beta program.

Third, Skype Journal's policies guide our behavior. We link to them in our page footer. Our Editorial Policy governs accuracy, labeling and sourcing, explicit conflicts of interest, and accountability. Our Corrections Policy says we'll make things right. Our Syndication Policy points to our feed formats and provides terms of use. And our Accessibility Policy is more of a goal than reality, I'm sad to say.

Fourth, we respect confidences. If you'd like to tell us something as a confidential source, just tell us as you talk with us. We honor embargoes at least as well as the Wall Street Journal and Businessweek, subject to the usual conditions. If you hire one of contributors as a consultant, they will abide by mutual confidentiality agreements related to their work for you. For example, Bill's service to Skype through their closed Beta program is under an NDA so I never hear any inside scoop from Bill. And neither will you.

Fifth, our product reviews are filtered or frank but not both.

Bill Campbell loves to review new products, especially if they break through in a new category. But he won't print bad reviews. So the only reviews by Bill you'll see on Skype Journal will be happy ones, the disappointments washed out and negative feedback given privately. Part of this, as Bill explains it, is because many small companies can't survive a bad review or even a strong critique. Even big companies and their PR firms don't take criticism well and may exact retribution, which Bill prefers to avoid. So you get posts like Bill's Sony saves Skype on the launch of the Sony Mylo.

I'm less squeamish. For example, you might read my Sony Mylo suffers from Sidekick syndrome post, also in response to the Mylo's launch. They are so different a Sony publicist asked Bill if I worked here. A constructive review is useful for our readers, in the consumer advocacy spirit, and part of telling the whole truth.

So Bill is a gatekeeper, filtering in good news, and Jim and I will tell you the good and the bad. I hope this context helps readers and publicists.

Last, be a Skype Journal author. See our editorial wiki pages (still in draft) for more information.

• Becoming a Skype Journal Author

• Author Guide

• Editing Checklist - before sending your post

• Skype Journal Beats - What we would cover with infinite resources

• colophon - tools we use

Thanks. And if you have any questions or comments, leave them with this post, email editor at skypejournal doht com, or Skype me.

Here's three Skype products that aim to enhance your Skypeing experience that leaves me questioning exactly what I'm buying with Skype Certified. The three products are the VoSky Chatterbox, Jawbone Headset and the Motorola Wireless Interenet Calling Kit. Each provide a different angle on bettering the standard Skyper's headset and as you might expect each has their pro's and con's.

VoSky Chatterbox.

This simple USB device provides an easily portable plug and play speakerphone for Skype. It's simple to use and requires no additional software to be loaded. It has a volume and mute button on top and works probably as expected, as a low cost speakerphone. I'd liken it to the solution we had as kids when we could finally plug in a speakerphone box between the old phone and the whole family sat around. In principle great, in practice it left something to be desired. The Chatterbox is a little like this. It works. It's also no substitute for a decent headset. The caller on the other end of the line will know and possibly complain. Handsfree solutions curently work better with a good set of speakers and a proper stand mic. Locate them correctly and the caller won't get a any feedback. Many laptops work as good as the Chatterbox. If you feel the need try it. Just don't expect it to be a Polycom and ready for the office. For kids it may be more robust than a headset - read youngsters talking to Grandma.

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Deal done. Retail VOIP in the offing? Views later.

eBay has agreed to acquire Luxembourg-based Skype Technologies SA, the global Internet communications company, for approximately $2.6 billion in up-front cash and eBay stock, plus potential performance-based consideration.

Skype generated approximately $7 million in revenues in 2004, and the company anticipates that it will generate an estimated $60 million in revenues in 2005 and more than $200 million in 2006. For Q4-05, eBay expects the acquisition to be dilutive to pro forma and GAAP earnings per share by $0.01 and $0.04 respectively. For the full year 2006, eBay expects the transaction to be dilutive to pro forma and GAAP earnings per share by $0.04 and $0.12 respectively, with breakeven on a pro forma basis expected in the fourth quarter of 2006. On a long-term basis, eBay expects Skype operating margins could be in the range of 20% to 25%.

The acquisition is subject to various closing conditions and is expected to close in the fourth quarter of 2005.

Full text of news release...

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