Video Share was never really intended to be two-way. If you want two-way calling I believe subscribers can use the regular Video Call functionality. I believe this was more to broadcast video that can potentially be reached by a lot of viewers.
"I'm in the market for a new phone and money isn't a limitation. I'm also not partial to any particular US carrier, but here are some of the features I'd like to have: WiFi, GPS, good coverage in lots of places, push Gmail (a must!), physical keyboard (a must!), a touchscreen, decent battery life and a relatively slim body. And please, nothing that has a fruit logo on it. No offense to the fruit fans, though. Thanks!"
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Smart Communications and Globe Telecoms in the Philippines
http://hip2b2.yutivo.org/2007/09/12/conquering-the-apple-iphone-ii-tested-on-globe-and-smart-postpaid/