I don't know about phones but in my first test of video on Hangouts (on the same computer where I have Skype) Skype has better quality. But for what I will use Hangouts the quality is not super important; the audio is.
>Looks like you have this pretty much going already - but tell you what I've noticed with Hangouts vs Skype - Hangouts seems to have better videochat quality than Skype and it works better on phones than skype too.
>
>>Hi,
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>>Is Google Hangouts pretty much like Skype? where you can have a video conference with a person?
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>>Do you install Hangout as a separate application or you run it from within Chrome?
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>>Are there any possible security issues with Hangouts?
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>>TIA
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