For those of you who have been waiting, Skype for Windows 3.8 is now out — you can find a full set of release notes on the Garage blog, and Villu has some more to say about it on the main blog:

The main improvements can be found under the hood of the audio engine. In the real world, this translates to significantly reduced background noise, less delay, fewer call drops, and fewer cut-outs. And if you change your headset, headphones or microphone, there’s no need to mess around with sound settings. 3.8 takes care of it behind the scenes.

Download Skype 3.8 for Windows