Room for Foursquares?

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A few weeks ago, Shane Richmond published a post on The Telegraph's blog questioning the point of Foursquare. Having previously been searching for similar answers, I had suggested to him a presentation by US agency JESS3, on where location-based tools might change for the better. Shane very kindly credited us with the suggestion in his post as he searched for his answers (thanks, Shane!).

I have been playing around with location-based networks to further understand them and their relevance in business (if you stop by Omobono HQ, check in on both Foursquare and Gowalla!). There is a clear application for consumer facing brands but is it the same for business-to-business?

So, I  put this question to you: what is the point of Foursquare, etc. and is there space for location-based networks in B2B's growing portfolio of digital tools?

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