I had a coworker that was deaf (still is, come to think of it—although not my coworker presently). We both worked in the Mobile and Embedded Devices department at Microsoft (please don’t blame us for the KIN!), and decided to see if we could actually pull off precisely what you described (up to this point, we’d just used corporate instant messaging). We ended up falling back on her ability to lip read, my ability to read fingerspelling providing I watched her hands, and passing a Pocket PC with a Notes window back and forth if nothing else worked. Oddly enough, I appear to have lost touch with her since we both left the Borg.