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Based on over a decade experience of online collaboration for business and personal uses:

- Google Hangout was the first major name to introduce group video chat [max 10 participants]. The main advantages of it is its smart codecs, which scale Up or Down the video quality dynamically based on the internet connection performance. By this way your connection remains connected and not goes on hold like Skype.

There are some options to record the chat without third party softwares ([Hangout OnAir][1])

Along with this, it has got some 1 click enhancement options (e.g. brightness adjustment, auto enhance etc.)

- Skype has also got the group video chat option now. It is recommended in case of strong and reliable connection ONLY.

- GoTo meeting and GoTo Webinar are getting more popular for larger participants. Webinar is used for a larger audience, you can provide them the option to speak to all or write to you (organizer only).

GoTo meeting is more suitable when all the participants are expected to have active participation.

GoTo solutions provide the telephonic participation for audio also.

  [1]: https://plus.google.com/hangouts/onair