Sure :)
Thingist is kindof like status updates, but with more context (and more available space [You can include a description of why you're posting it). Instead of a big bucket called "status", you separate things into different lists.
For instance, I have a list called "Good Bars in Phoenix" (http://thingist.com/t/list/65/)
or a list called "Adventures in Nerdery", which is mostly projects I'm working on (http://thingist.com/t/list/139/)
There are some global lists like "songs I like" (which get added to people by default when they register) (http://thingist.com/t/global/38/)
The example for a use case I always use is finding music that you've posted into the internet. I've been posing songs I like into facebook for 5 years, but as far as I know there isn't a simple way of pulling them back out.
Thingist [tries to] solve that.
But it's more than just status, at least it's a new approach to it. Somebody joined a few days ago, and started posting "things on the menu at a nerd themed restaurant". This resulted in neat sort-of back and forth between us: (
http://thingist.com/t/global/2944/)
(also: fixed the pagination buttons, oops)