This comment over on VentureBeat by user Livy had me in stitches:
I am forming a new company will have the same business model as Twitter with the exception that all messages will be limited to 50 characters or less. The new company will be called Twit. The target market are those who do not have time or attention span to send out the over detailed and complex 'Tweets'. For example "OMG pln crash NYC!!" or "feeding cat - so cute". The Enterprise version, designed for busy business professionals, will be limited to 25 characters. I am willing to take $500 in Facebook stock.
Back to work...