This Is Why The Internet (And Twitter) Wins http://www.techcrunch.com/2009/11/27/internet-twitter-tiger-woods/ (via @Zaferroni)
I think this writer from TechCrunch is about right. Twitter is putting the mainstream breaking news to shame.
What Twitter continues to lack is a vehicle for the in-depth news, analysis, and op-ed. But wait! Isn't this why Bitly shrinks our links?
Mainstream media had better watch their backs.