I predict a return to blogging as people discover the power of being able to finish a thought, and to link to another site without going through an intermediary.I'm not sure "return" is the right word, I think twitter will be gateway to people sharing more on-line (tumblr plays a similar role).
Wikipedia excerpt about Ze Frank's The Show:
Topics ranged from serious socio-political commentary to absurdist comedy and running gags. One such gag was to open episodes with outlandish skits, followed by the question "Are the new viewers gone yet?"
This is more or less how I feel about Twitter right now, except the new viewers aren't gone yet.
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