Quoted: What is Twitter? A popular service with social networking, instant messaging and micro-blogging features, Twitter is still misunderstood by many people.

I agree with the following.

Quoted: I have personally gotten real value from Twitter despite that friction. Twitter is an incredible newswire and real time search. Remember the old teletypes constantly churning out news?

It's interesting how many of these "value extraction frictions" are similar to what we experienced at Blue Dot/Faves....although we did address some of them.

Quoted: What, then, is the “Value Extraction Friction” that Twitter faces?

Quoted: What’s wrong with this picture? It’s the final Friday of Wimbledon and I’m reduced to either watching a pirated feed from a place where the broadcasters value live sports or following the Andy Roddick-Andy Murray match vicariously through Twitters and live blogs.

It's amazing the rate at which this is updating.

I added Barack Obama to my Twitter follow list about 2 months ago, and it has been informative. He (i.e. his operative) posts no more than once a day -- succinctly stating where he his and what he's talking about.

Quoted: While Rose likes to tell everyone what he’s drinking (nice unicorn background image, Kevin), Obama invites his followers to sign up so they can be the first to find out who his VP pick is going to be. How about Rose? He knows how to get the vote out and seems ready for a new gig.

This is great. It neatly captures what we've intuitively been trying to do with Blue Dot / Faves from day one. Having said that, we don't close the "3+1 loops" nearly as well as we should/could.

I think it also helps explain why Twitter can and do Facebook coexist.

Quoted: 3 + 1 + You
...
Feedback loops contribute greatly to a user’s sense of Audience within a service. I talked about four such loops here. What other loops exist? What else builds and supports a sense of Audience?

Twitter search for Faves.com

Some positives:
zanzoodle: Cool site of the day www.faves.com, love this site
lachcorp: in an internet cafe in Chiang Mai just met the owner of faves.com
kmwinter: i think i'm going to move http://kirkwinters.com/Items to http://faves.com/users/kmwinter. Yay for developer APIs!

Some negatives:
allergyexpert: http://faves.com/users/allergyexpert/friends/dots This my New Faves.com site. Not sure what it's for
DesignDump: Just signed up for "Faves.com" account...seems difficult to read through entries.

But, what if Twitabit goes down? :)

Quoted: Twitabit helps you tweet when Twitter is down. The service acts as a holding area for your tweets which it will send out as soon as Twitter comes back up.