I have scoured the Internet and every ASUS site on every continent and... nothing.
All I have found is a very vague (too vague to be of any use) description.... and a screen grab (both of which pose more questions than they answer).
This utility must 'do' something, I just have no idea what.
Here is all I know... Any takers?
Multi-Window Video Conferencing
Live video conference with up to 4 contacts worldwide simultaneously! The ASUS virtual camera feature allows multi-window net meeting with customization of resolution, filter & frames according to personal preference!
Asus Virtual Camera Download
Downloads Realtek PCIe FE / GbE / 2.5GbE / Gaming Family Controller Software Quick Download Link Realtek USB FE / GbE / 2.5GbE / Gaming Family Controller Software Quick Download Link. The goal of this project is the development of a visual code system for camera-equipped mobile phones.It will recognize 2-D visual codes and compute the orientation of the phone relative to the codes. The software will be written in C for Symbian OS.
Asus Webcam Software Download
Asus Virtual Camera
Free webcam 7 for windows 32 bit download. Photo & Graphics tools downloads - WebCam Recorder by Solent Software and many more programs are available for instant and free download.