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Thinking out loud...interviews

How would one conduct a text-based near-real time interview on the internet? I've been thinking about this, as I've been working on an asynchronous interview program.

Is there any reason why an online interview can't be asynchronous? How many in the audience will want to see the text output in real time? And how many will be coming back to see the archive?

So, I'm thinking that we need a method to conduct a two person forum, that is open to the public to view. Perhaps even include an adjacent peanut gallery, to keep it interesting?