Nope for me...
For me, on stock kd1 + root, it crashes skype as soon as I use video (initiate a video call, or touch the video icon). It won't receive video either when the other side starts their video.
PS: I already had skype installed (latest from Market), and even after uninstalling it would not install at first, giving a message about not enough available storage (even though there was plenty). The fix was to remove the /data/data/com.skype.raider directory that somehow was not removed when the app was uninstalled... The same was needed after uninstalling this one to go back to the Market version.