I've worked with folks who are chatting online with their peers, constantly batting around ideas. I've also worked with folks who adamantly refuse and think it's a waste of time.
Are online live chatting forums of particular use to you? Why or why not? Internal to your company, or external and world-wide? Does your employer encourage or discourage their use?
Update: I see some people are voting this question down, yet so far all the answers have been positive, if with some reservations. If someone has a strong negative opinion (I hate online chatting and think it should be banned etc.) I'd really like to hear why.