If you want to hear my thoughts going forward I suggest joining my twitter group: http://twitter.com/JasonCalacanis
you'll get like 2-15 alerts on your phone/AIM a day with my links, thoughts, discussions, etc.
I'm thinking of doing a week of Twitter-only blogging.... so, join now!
500 people are already on the group... crazy!
Clearly, Twitter is already reducing blog posts for some users. Some are suggesting that Twitter will become the place for short posts while regular blogs are used for longer posts and analysis. That's the long and short of it for now anyway.