Being in the same domain, they have launched Tinychat Next which works the same way as Chatroulette.
The user interface is a bit more refined and you need to have flash installed to even see how the UI looks like.
Omegle allows you to share the chat log in your Facebook account or to download it to your PC. It allows you talk to your friends or to random strangers.
One cool feature of this web app is that people who are available for a random chat are presented in 3D bubbles with their profiles.
So you can pick and choose the person to have a random chat with.
In the 21st century, an online service has the potential to garner hundreds of thousands of hits if it is social networking enabled. Now after a decade of connecting with real world friends online, people suddenly have the desire to befriend strangers.
Though not the first chat service to pair up random strangers, Chatroulette did add video zing to the otherwise bland random text chats.
Omegle has been around for a while connecting random strangers in text chats.
They have added the video chat option very recently.