Virtual Webcam isn't a program that simply accesses your current webcam, instead, it allows you to simulate a webcam video feed with either pre-recorded video or a slideshow of images. It is compatible with most instant messaging clients, as well as any website or program that uses has webcam compatibility (though there may be some exceptions). There are also settings you can tweak, as well as different visual effects you can add to the image or video to really personalize it.

Key Features of Virtual Webcam:

• Simulated webcam experience through either a slideshow of images or videos
• Visual effects to customize the images or videos
• Compatible with most major IM clients (Yahoo, MSN, Paltalk, CamFrog, Skype, AIM, AnyWebcam)
• Works with all versions of Windows including XP, Vista, 7, and 8.
• Completely free to use!

There's a few other options as far as simulated webcams go, but most lack the quality and customization that Virtual Webcam has to offer.