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jeffhoard
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BEST ANSWER  chosen by asker   |  jeffhoard  |  February 24, 2009 07:48 PM
Not a PC webcam, but you can stream live video from one phone to another. If you subscribe to "Video Share"

--quote--
Video Share is a video-calling service that lets you stream live video to your friends. With 3G, performance was quite good, with barely a second of delay in video transmission. You can adjust the brightness, mute the sound, turn the speakerphone on or off, and record the video for safekeeping. You can also start and end the video during a call without interrupting it.
--/quote--

CNET has a video demonstration in the link below.
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