My friend Jay Rosen noticed a tweet from me earlier where I said I wasn't going to the conventions this year, and instead planned to "watch the web watch the conventions." He wrote back asking how I planned "to add value to and interact with the convention?" Here's an extended version of what I wrote back to him in response.

I spent most of last night watching the Democratic election returns roll in, with the TV tuned to MSNBC but the sound turned down low, and my laptop in my hands, watching for live reaction and commentary on the event as it unfolded. Twitter, which has now become the web's virtual water-cooler, was my main guide, but while it was fun, I want more. The world live web is arguably already here, perhaps what we need to do is stitch it together a bit better for political events.

I spent a few minutes in the future last night, having a late dinner at an Italian restaurant in Santa Monica with Robert Scoble of FastCompany.tv and Loic le Meur of the start-up Seesmic. Both of them are tech pioneers who are working in the emerging world of the world live web. And when they say live, they don't mean simply the part of the web that gets updated often, otherwise known as the blogosphere and the news-sphere. They mean the direct streaming of live events onto the web, along with live feedback from audiences that are highly networked.