Twitter lists are all the rage right now. Twitter lists are simply allowing you to list your followers into groups. You can visit that list and view the stream, but not necessarily follow these people. Very nifty solution that I think a lot of us have been waiting for.

For example, if there are people who you’d like to follow, but don’t want them in your main twitter stream, you can add them to a list and then check up on tweets. It’s a win-win solution and helps you consoldate information.

Your lists can either be public or private. One of the easiest ways to create a list is to go through the people who are following you and with the dropdown next to their profile, mark which list you’d like to add them to. Lists are limited to 500 people and each user can have up to 20 lists.

Lists can be made up of:

1) Your peers or colleagues. I find it’s hard to keep track of my peers and it would be nice to have all of them in a list. Maybe they will start talking with each other too.

2) Twitter information folks you follow that provide useful tip, resources, information? Why not throw those guys together in a list. It’s a great way to share that prime knowledge and give credit to the thought leaders you are reading.

3)Specialty Lists – Want to keep a list of all your food carts you are following? Lists are perfect for those.

4)Employees – Get your employees tweeting with each other through Twitter      by creating a list for them

5)Targeted marketing & research – it’s good to keep up with the latest news of business trends and companies you’d like to track.

http://mashable.com/2009/11/02/twitter-lists-guide/

http://www.huffingtonpost.com/catherine-ventura/new-twitter-lists-open-ho_b_346523.html

http://thenextweb.com/2009/10/16/twitter-lists-work/