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Just my off the cuff thoughts!
Chris
Six months ago I was a Twitter skeptic and now I'm a Twitter evangelist.
For people who are already spending a huge amount of time online (either for work or for personal reasons) and want to connect with other people with similar interests, I think Twitter is great. It's also an excellent way for companies to communicate and interact with their customers.
But for anyone who doesn't fit into either one of those categories, Twitter is probably not right for them. If you don't have time to devote at least a couple hours a week to tweeting and interacting with other folks on Twitter, just stick to email.