Excellent story in New York magazine on Twitter—probably the best one I’ve read on the microblogging service so far. It offers some interesting insights about the potential revenue channels for Twitter, but what this story does best is address how Twitter is changing the way (and speed) of delivering and receiving mass information.

Will Leitch cites the famous TwitPic shot immediately after the recent Hudson River plane crash:

Now think about that for a second. In the midst of chaos—a plane just crashed right in front of him!—Krums’s first instinct was to take a picture and load it to the web. There was nothing capitalistic or altruistic about it. Something amazing happened, and without thinking, he sent it out to the world. And let’s say he hadn’t. Let’s say he took this incredible photo—a photo any journalist would send to the Pulitzer board—and decided to sell it, said he was hanging onto it for the highest bidder. He would have been vilified by bloggers and Twitterers alike. His is a culture of sharing information. This is the culture Twitter is counting on. Whatever your thoughts on its ability to exist outside the collapsing economy or its inability (so far) to put a price tag on its services, that’s a real thing.

Good stuff. Read it in its entirety here.