Today SIPPhone announced that they have started to market an adapter that has both PSTN and IP interfaces can route a call to either of the network. This is in contrast to the joint announcement from Skype and Siemens regarding a similar device. It is a good development in that the industry is paying attention to the devices rather than service providers.
Unfortunately there are no further details on the capabilities of this device and I have so many questions:
Update: After exchanging a few emails (they are prompt and complete in answering your questions) the answers to my questions are: