Thanks me101 and Vla for the heads up on this one. I got this link yesterday but was too ill to post it. I have come down with the flu.
Version 1.08 was released on Jan 1, 2002. Portrait video comes with more gray scales and its visual quality is improved.
Microsoft Portrait is very low bitrate video conferencing software supporting MSN Messenger on PCs, Pocket PCs, Handheld PCs, and Internet Locator Service (ILS) on PCs. It runs on local area networks, dialup networks and even wireless networks with bandwidths as low as 9.6 kilobits/second. Microsoft Portrait delivers portrait-like black/white video which can work in bandwidths so low that full color video could never work.
The portrait video is so small that it can even be transmitted through an HTTP proxy as text. Microsoft Portrait provides basic chat/voice/video functions almost anytime, anywhere, on any device.
View: Microsoft Portrait Site