Great post by Peter Rip on his EarlyStageVC blog examining whether the Web 2.0 movement has peaked. (Thanks to TechCrunch for point)

Here's the article -Web 2.0 - Over and Out

And, not being one to leave you without hope or vision, here's an article about the future of things web - (Alex Iskold at Read/Write Web)

Web 3.0 - When Web Sites Become Web Services