FCC Chairman Michael Powell concedes plain old telephony is over, as reported on isen.blog. The undoer is easy to use PC based voice IM. It's not quite VoIP, since ot does not integrate with POTS, but it sounds good and it's available to a lot of people.
It is worthwhile pointing out that the winners are application that do seemingly pure point to point connections oveer the general internetwork ether. Due to the failure of ISPs to deliver true end to end to a majority of connected devices the applications have to fake the pure end to end but that's hopefully a temporary condition.