My FaceTime has been great recently and the wife uses it quite a lot on my 2011 mbp
The neighbours recently emigrated to New Zealand and we often use FaceTime to their Ipad, it's far better then Skype is this cuts out too much - everyone's on it and the quality of FaceTime is fair better!
Even their parents gave up Skypeing them and went out and bough an Ipad just to talk to them
In what way? Do you mean picture quality because it isn't bad at a free consumer level yet. Both Skype and Facetime offer really good quality video and audio over slower internet and even 3G (in the case of Skype). I have had video calls with my kids over Facetime where they are on a 1.5 Mbps connection for hours with no issue. I have Skyped with them on my iPhone over 3G also with no issue.