The news are that twitter got hacked and up to 250k user accounts where compromised. I’m not a real user of twitter although I have an account, so I might be wrong but in my opinion no one will feel extremely sad if some of his mental farts will be deleted or changed. Content on twitter, by the nature of the service that focuses on real time updates, is just not important enough in the long run.
But…. twitter is also a leading identity authentication provider on the web. If my twitter account was compromised it means that for a while the hacker had access to all the sites to which I have registered with my twitter account. It is hard to generalize how much cascading damage can follow from the hacker using my account, but it is not nice to even think about it. Twitter didn’t disclose the nature of the information to which the hacker got access, but I truly hope they don’t have a log of the sites to which I authenticate myself using my twitter account.