Vlingo: Worst, idea, ever.
Imagine being able to update your Facebook status and your Twitter ramblings by speech. Now imagine not even having to enter an application on your phone to do so. Imagine assigning a convenience key on your phone, so all you have to do is hit it, say 'Twitter/Facebook status is...' and have it auto-update.
Now imagine having your phone in your bag, unlocked, and being mystified as to why your Facebook status is 'Susi is yeah, can I get a skinny caramel grande latte please' and your Twitter says 'To be honest, I always thought Jamie was gay anyway...'. 'Zacly.
Still, you can try it here.
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I'm with you on this. I use both Twitter and Facebook for business and keeping in touch but, as with anything, moderation is the key. Those that feel the need to update their status with every breath they take are fooling themselves to think that people care THAT much. :)