Clipmarks keeps on adding new features…now besides just clipping your own, you can even add clipmarks created by others to your own account. You can even re-tag them, but these tags will only apply to your account.
This doesn’t quite make it a folksonomy, but I don’t think the idea of clipmarks is to emerge a term for every given item, the idea more and more seems to be about clipping something and adding some text to it, a form of citizen journalism. This is driven further as people can comment on clips, and clipmarks harnesses this with a live comments stream.
So I think it is more than just clipping stuff for personal/public reasons, I think it is moving into clipping stuff to generate conversation. Diigo is a similar tool, but I think the business model here is less focused on citizen captured news, and more focused on annotation and research…but either service could do both, it’s just which way the design sways the service.
Every clip in clipmarks has a permalink, so it is similar to generic blogs in a social tagging environment, only that your clip revolves around captured content…it is not designed to blog your own content (I think this is something more inline with Newsvine, Gather, etc…)
[ADDED: another thing I like about clipmarks is the use of personal folders (collections)…unlike tags these are for personal use (note: you can see a users collections at their user space).
The idea is that tags are for keywords, whereas Collections can act like a bucket (less specific than tags).
I like the idea of Collections (folders) if you are collecting clips/bookmarks for a research topic, although you give the bookmark a tag/s you can also keep it in a folder.
Later on you could decide to delete that collection, the bookmarks will still live in the tags, but they will no longer belong in a collection.]