I met an ad exec at a dinner I attended last week (thrown by Pepsi as a "thank you" for a I and others had worked on for Internet Week) who told me he followed the Tour de France via the racers' Twitter feeds and that by the time he got traditional news reports, they seemed stale, old and less immediate. Why, he said, would he need regular news reports distilling the riders' feelings and thoughts when they'd already shared them in Tweets.
Likewise, he followed an astronaut who had Twittered from space, and, he said, learned a lot he'd never known -- such as the fact that the astronaut was not allowed to drive for three days after coming back to earth -- by reading traditional news reports.
Something to think about if you're in the news business. If your sources don't need you as an intermediary to reach the people who are interested in what you have to say, what does that do to the news biz?
Twitter as News. Seriously