The G1 event has come and gone and it looks like we’re seeing an epic paradigm shift in the mobile space. iPhone started the ball rolling and Android is about the finish the job. The change? Phones are now officially computers and the expectation for most users is that they behave in the same way a powerful laptop or desktop PC would perform, albeit in a considerably more compact package.

I was struck by something during the G1 presentation today and it took me a quite a while to figure out what it was. Back in 1997-98 while I was at Carnegie Mellon we were at a crossroads in IT. The web was taking off in a general way and email was king for college students. The school was full of computer clusters - some Mac, some PC, and some greenscreen Unix dumb terminals in the library running X Windows. While the Macs and PCs were easy to understand and run, you could just tell that the Unix machines were like an iceberg - 98% of the power is under water, unseen by the average user. Putting the G1 through its paces showed a intense attention to detail on the part of Google and a tacit promise from the phone that it was far more powerful than originally described. This is G1’s blessing and curse.

TechCrunch

Yo yo yo, what’s the dizzy yo? I’m headed down to the T-Mobile store cause I want to get me a funnerer phone than the LG Voyagerer. See, the phone makes you smarterer, coolerer, and funerer than all the other phones out there and the sheer fact that I’m writing this proves that T-Mobile is trying to make this campaign viruserer than all the other campaigns out there and is aiming for wayward youth.Source:TechCrunch

More acquisition news from the TechStars Demo Day: madKast will soon be acquired by ShareThis, a widget company that allows users to share a blog post or news article across multiple services like Digg and MySpace. madKast, which we covered last October, is also a widgetmaker, allowing users to share posts through web services as well as through other routes like SMS messages and email.

Details of the upcoming acquisition are scant at this point, as madKast is currently unable to disclose any further information (the deal will not be complete for a few days). ShareThis, which closed a $15 million round last March, is likely looking to acquire madKast both for its complementary technology and its team.

Earlier today IntenseDebate, another TechStars company, announced that it had been acquired by Automattic, the company behind WordPress.