Installed it last night. Initial impressions are that if they can make it stable it will be a wonderful app.
Crashed many, many times on me though last night, both in configuring and using.
Sound quality on SkypeOut not bad, didn't have a long enough conversation to really test the delay, which I'd heard is quite poor.
Really annoying duplication of contacts brought in from various add-ons.
So, lots of promise, hoping for a new version soon-ish, as along with Slingbox, this was the key missing app for me.