[riffraff]

but hangouts lacks things which are useful for enterprises such as video recording (it's possible only if you make a "hangout on air", afaiu) and, in my experience, screen sharing text/code is painful because of the video encoding making it unreadable.

To me hangouts looks like a competitor to Skype only, at this time.

[rahoulb]

Hangouts on air is being replaced by Youtube Live