Lz0 released an updated version of WebcamMax from CoolwareMax, enjoy!

Description: CoolwareMax’ WebcamMax allows you to add videos, pictures and effects to virtual & real webcam and show them to others on messengers or do live stream on websites such as Ustream, JustinTV, etc. It works on all programs that support webcams: MSN, Yahoo, Camfrog, YouTube, ICQ, AIM, Skype, Paltalk, ANYwebcam, Stickam, and so on.

Features: Thousands of Effects: Thousands of cool effects for your live video chats and video recording. You can download limitless effects at webcammax.com.

Video Recording: Record your fantastic videos show with our cool effects to broadcast on YouTube or webcammax.com.

Virtual Webcam: Share your video clips or desktop screen with family and friends through your Instant Messengers even without a real webcam.

Easy to Share: Directly share your video with family or friends on youtube.com. You can also upload and show your cool videos and photos on webcammax.com.

Doodling and PinP: Paint on the video box freely and directly. You can also broadcast different sources at the same time with Picture in Picture feature.

Work for All: Work for almost all webcam programs such as Windows Live Messenger, Skype, Yahoo Messenger, ICQ, Paltalk, Camfrog, YouTube, Ustream, JustinTV, and much more.