It's p2p
So yes, it should work, but one PC has to be designated as a supernode as far as I know... so... if you are connected to the internet, you may find some outgoing traffic when calls are placed, dependent on whether your PCs can act as supernodes or not. If they can, then this could also mean more traffic on the net as others will use you to locate other users. It all depends on whether or not you are on the net from the get go on each PC and how your firewall is configured. Any real Skype fundis out there want to confirm this?