Here's an example, taken from Runescape.



There could even be more options, such as [Clan].

@Nigma:
-But the problem with using /chl is that, at least in my case, is that it has been buggy, giving me no obvious way to return to the room's chat.

-Not everyone knows the commands, and having this implemented would provide an easier alternative.

-With a 'create a conference' option, I believe that would be nice, but there is always irc. Too many options might mean clutter, but that's certainly a good idea.