So, I'm an avid follower of Paul and Storm's Twitter feed, and they mentioned today that they were using Pheed (just before admitting that they didn't really know anything about it, other than that it was new.). A quick Google reviels that it's basically Twitter+Microtransactions. Apparently, you can chose to charge between 2 and 35 dollars for a pay per view event, or similar prices per month just to follow you. This has all the earmarks of a thing that's going to fail, and fail hard, because everything that's ever done something like this has failed. It strikes me as something that's going to be hard to convince "regular" users to use (in other words, the people who are going to be paying, rather than charging, money).