Sometimes a video can say much more than text. This seems to be the case with everything Lee Lefever does over at Common Craft. I've featured his very insightful (and easy-to-understand) explanations of the many tools and technologies we're seeing in the Social Media world on this Twist Image Blog and in my presentations. His latest is as excellent as the others.
Here it is: Social Bookmarking In Plain English:
It sure does make the concept of having Bookmarks or Favorites in your browser seem a little ancient.
If you're interested in following my social bookmarks, you are more than welcome to check them out over here: http://del.icio.us/mitchjoel.