The latest Skype update enables video calling on Android device, but is limited to a strict number of devices. The folks over at DroidLife have found a way to make it work on your new Android 2.3 devices including the HTC Sensation and the Samsung Galaxy S2.
Simply Download the Cracked Skype from the link on droidlife and copy it to your device and install it. (Make sure third party apps are enabled in your settings)
Oh yeah we tested it on the HTC Sensation, and it works flawlessly.
UPDATE: Big update we got the new Skype app up and running and making calls on the Mi 410 from SPICE. A video coming up soon.