John Battelle's analysis of why this (Web 2.0) boom is better then the first (Web 1.0) one does not offer any new or spectacular insights, but he does a good job of explaining why this is an exciting time for both entrepeneurs and users.
"First, this time the Web is ready for the dreams of both its innovators and its public. The first version of the Internet - call it Web 1.0 - was long on vision but short on execution and audience. The technology was rudimentary, precious few had broadband connections and starting a business that "scaled" - one that could deal with success and the traffic it brought - was extremely expensive."
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