Press Record.

https://www.winplosion.com/demo.html
Im sure this is old and I suck but the software doesn't. Today I have become an honourable man. Today, I purchased software.
It's a cool little app that windowizes anything in your taskbar or throws you back to desktop just by rolling over one of the corners of your screen. I think they covered it on the Screensavers a few months ago. Hold on I'll check. Wait here.......
Yup-> http://www.g4techtv.com/screensavers/episodes/3688/Trekkies_2_Flaming_Lips_FPS_Showdown.html
For anyone using Beyond TV this will let you escape your fullscreen playback to quickly check your email or whatever, without having to press stop.

For those of you with cool PDA's Chris recommends Verichat
"VeriChat™ is an always-on, unified Instant Messaging (IM) application for PalmOS devices. On a smartphone, such as a Treo 600, VeriChat™ works with your persistent (GPRS/CDMA 1xRTT) or CSD wireless data connection to give you an always-on presence on the Yahoo!, ICQ, MSN & AOL chat networks"