Combine Facebook's API, Adobe's portable AIR runtime and a little ingenuity and you get Airwaves, and IM client built from the ground up with social networking in mind.

Developer Mike Huntington explains, "The application is being built with Adobe AIR and will feature an IM System that can be integrated with the users Facebook account, Video Chat, Video Messaging, and lots more."

Still in a yet to be released state, the screenshots and concept are absolutely thrilling -- it's one of those applications that makes you smack your head and say, "Why didn't I think of that?"

Will we see a flood of new and exciting apps like this one as Adobe AIR and Microsoft's Silverlight battle it out for the kind of the somewhat portable next generation runtime of choice?