Posterous and Tumblr are fit for content which is too small for a blog and too big for Twitter. I have started using these two services quite lately. These 2 sites support all kind of rich media, Have longer entries as well as short entries which get auto posted to Twitter. Tumblr provides a hub for storing/sharing text, photo, quote, link, chat, audio and video(via a bookmarklet right in your browser). Where as Posterous provides a place for blogging, lifestreaming, photo sharing, and video and audio posting. Tumblr and Posterous are less than a Blog, Thus they classify as Microblogs. (Though Posterous can be used as full fledged Blog too.)
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