It's an interesting idea but it's not cheap and it lacks Skype support.
Biscotti is a company new to the scene and they've just launched their first product - the TV Phone. It's essentially a video phone type device that turns your TV into the monitor.
To use it, simply set up the camera/microphone combo on the top of your TV and then call up whoever you want using the included remote. It's a nice concept, but for a $199 device it lacks one big feature that seems like a no-brainer.
Biscotti can call anyone on a smartphone, tablet, Google contact or other Biscotti users. What it can't do is access Skype, which is becoming a commonplace application on connected TVs.