Heard about this yet.....it's called Omegle.  It's an unmoderated, anonymous chat site that kids are flocking to.  What do parents always tell our kids?  That's not what this site is pitching.

The goal of the site  is for users to communicate with people they would otherwise never talk to.  And teenagers are using this on their Iphones to engage in sex chatting. Kids are also using it to take screenshots and then posting these online. It is VERY hard to get banned from omegle.    Current status Omegle now offers text and video chat options, the latter being similar to competitor chat roulette.  Some users try to play "tag", where they keep disconnecting and reconnecting until they find the person they were looking for.