I guess I'm just not in a position, where I need news faster than Google News. Which seems to do just fine for me. If the only value Twitter is providing to people, is low latency news article posting, then I think they should position themselves to be that, instead of the 99.99999% of crap that just spread around. Thoughts?
Not sure. I see it as news distribution + a little chatter with friends. Others might see it differently. You don't see any use for it, really, so others might see uses in the other crap, as well. Sometimes streamlining a business or model results in something worse than the original mess.