Pheed is a new social networking platform really soft launched in August 10. The site already been banked by celebrities like Ashley Tisdale, David Guetta, Chris Brown, Paris Hilton etc. The things is going like this way in future, the reports on the internet says that it is the big thing.
I really see no reason to use another Twitter-like service. 140 characters should be enough for anybody!
it is good social networking website but twitter is much better than that. Although pheed.com is good but Twitter is better.