The latest version (2.3.7.4) of video chat/mobile IM client fring has landed in the Android Market, bringing a new feature called Dynamic Video Quality along for the ride.   Called DVQ for short, the feature automatically adjusts your adjusts the video call quality to match your internet bandwidth at all times.  This way, users get the best video and audio available based on connectivity.  If you’ve ever streamed a video over Netflix, you’ll know what we’re talking about here.

Duck into an elevator or low-level parking garage?  Your video will adjust itself down to keep from pixelation or choppiness.  Get back outside or back to a place where the network is better and watch the quality go back up!

Watch a quick demo after the break.  Download fring from the Android Market today!