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I'm relatively new to social media research, but intuitively I feel that long-standing cultural and social behaviour an important area of focus in comparing stats.
Australian figures indicate a similar level of penetration as in the USA (around 1/3). Growing fast too. Beyond that, I feel that more Australians are connecting with others though increased blog activity too. And then there is the potential in institutional mind-sets. No. 10 Dowling St is on Twitter.
a case could be made that one type is attracted to friendfeed, another to facebook, etc., another type is just learning about them.... bubbles are all around all the time in different niches ...
there is no one big bubble that arrives and bursts anymore, the market is very diverse now. and this is only beginning, looking at other countries, russia, china, what is bubbling there..