Remember when we told you about Twitcam, the service that lets you stream live video via Twitter? This is kind of like that, but with more oomph and less lag.

Say hello to tinychat, which lets you host live Web meetings, TV shows, music jam sessions—or whatever else you wanna do with your webcam—for your Twitter and Facebook fans.

Here's how it works:

• Create a room at the tinychat site with a unique chat-room handle, like "The Miss Havisham Social Media Guru Tea Party."
• Tinychat lets you log in with your Twitter or Facebook account. (You can also create a nickname just for tinychat.)
• Once the room is created, you get a wee link to share across your networks, inviting folks to come hang out with you live.

Quick reminder: Twitter users watch videos 36.91 percent longer than those referred by Facebook, and 49.98 percent longer than those referred by Digg (thus sayeth TubeMogul). So in terms of clicking on your video link, you've got the stats on your side. Give 'em something fun to watch, and you've got their loyalty and viral power, too.

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