[citation][nom]back_by_demand[/nom]It's not the code that is worth $8 billion, it is the branding.There are plenty of other services that do similar, I have been able to do video calling via Messenger for years and before that did voice calling via ICQ.What makes Skype so valuable is that the name Skype has almost become the defacto brand for online video chat, the same way vacuum cleaning is "hoovering" or an MP3 player is an "iPod".So no big deal if the code is reverse engineered, you can't hack brand power.[/citation]
Nope, branding has nothing to do here, its about connecting to the skype network without the skype client.
Its the protocol being reverse engineered here.