Even if you’re still reeling from the news that the iPad 2 will finally become the Video-Chat powerhouse we all hoped it would be with announcement of Skype video chat for iPad last week, the good news just keeps on rolling this week with today’s update to Fring, a powerful multi-platform video-chat and instant message application. This update adds support for the iPad 2’s dual cameras.

Fring has updated to version 5.1.1.2, which also includes “drag and drop navigation,” Bluetooth support, and of course the inevitable bug fixes, is most notable for adding full support for the iPad 2. As an extremely popular alternative to Skype and Apple’s FaceTime platform, Fring was the first app that allowed video-chat over 3G (and even originally included Skype account support, which was later dropped) when the iPhone 4 was introduced in June of 2010. Fring continues to innovate, and now allows users to connect to as many as three people simultaneously, something that cannot be said for Skype or for FaceTime. It also offers Android support.

It’s good to know that video apps such as Fring have continued to enhance their offerings, even as the major players (Apple, Google, and now Microsoft with their acquisition of Skype) look to dominate the ever-emerging video calling industry. For more info, check out Fring’s website, or just head on down to the App store and update away.