This is a tool that lets you add effects, masks, etc. to the webcam output.
SplitCam is a free webcam software program for your web camera that allows using effects and masks. This tool will let you use the web cam for more than one chat client at the same time. It is compatible with Skype, Yahoo messenger, windows Live and any others that can use your camera. This software will let you feed video from a file or your desktop instead of what the web cam directly captures. There’s a built in audio mixer that lets you mix audio streams to make the overall video even more interesting. These could include microphone input, songs, or sounds from any video. There are many masks, 3D-effects, backgrounds, animations that could be used to beautify the chat video going to your chat partner.
You can use several 3D items and create fun effects by adding them at selected places on the outgoing stream. Besides being sent to the IM channel, you can choose to send the video to such streaming services as Livestream, Ustream, Justin.tv, TinyChat and other such services. You can use camera and write text above video at the same time. Video can be zoomed and you could send specific part of the video to your partner. If your web cam permits, you can choose to create video in a range of resolutions. This is a good product and has many useful features. If you have a need, here is a good candidate for trying out.