yes of course... I wrote about this in the Mac forum:
"That's exactly your problem.. you're thinking of Twitter as facebook or myspace.. when you should be thinking of twitter as something more like digg/reddit/stumble...
for example:
I follow Kevin Rose (90,000+ followers) on twitter.. which means most of the Apple related stories (content that I'm interested in) arrive on my twitter home page long before they make it to sites like engadget/gizmodo etc... I also follow the digg2000 twitter account... which means that I automatically get content that has received more than 2000 digs on digg.com...
Now add to this Ryan Block (formally of engadget, now gdgt) and Alex Albrecht of "The totally rad show" CNN, etc etc... and I've essentially consolidated multiple news sources into one clear and concise page... which I can then in turn forward (or retweet) to people who follow me and have similar interests.
When I first joined twitter I also just thought it was some silly "Im off to the loo" type microblog site, which would be useless (and there are lots of people who do post stupid things like,"I saw a guy picking his nose and eating it") However, I took the time to read a little about it and understand it... now I can't live without it."