Watchitoo is a new web site that lets you watch video together with your friends. How? Its actually an online video chat with streaming video from youtube.

Basically, you can create a community to be as exclusive or open as you like, and it allows you to set permissions for any video room you create. You can then add videos to the room and communicate while watching them together.

As for widescale adoption, I can't imagine Watchitoo hitting mainstream but perhaps only for those who are in a long distance relationship or maybe with family or something. Either way, this is cool.