I like chat, because I can speak to people in real time. I like the forums, because you can have an informed debate about a question without someone popping in with the "nice tits/pics/underwear" (ooooh, I so know someone's going to be tempted by that) every five minutes.
On the forums you also don't get "let me see more", "go on, take your top off", or the dreaded "want to watch my cam and see me cum?" Ummm... no thanks. I prefer to see it up close, personal and with my hand on it, not yours. Oh, and most of the time, I wouldn't touch it with anyone else's let alone mine...
In chat however, you can usually end up dropping in on some really nice people and getting to know them better than you can with just a few lines on the forums. Plus, there's more impromptu stuff going on and more of the freudian slips that everyone can have a good laugh at.
Anyway, that's just my two cents. I like both...
i think it matters how funny you are, in a chat room you have to sell your personality, which lets face it is very hard when all you can show people are words, if you can make someone laugh your half way there, its easy to come over as to serious in a chat room and noone wants that, swinging isn't serious buisness