Via Frank Shaw, which came via Dave Winer, this Uncov post is a must-read for any anyone who wants to get why the Web 2.0 hype machine sucks. This particular post is about Pownce, the latest “invite-only” tool going through the blogging circle jerk. The post contains harsh language, some coding lingo and the brutal truth – most Web 2.0 sites aren’t very well thought out, and aside from VC funding this is the poor man’s version of the bubble all over again.