And Master of the Obviousin equally timely news, Next-Gen Biz writes that a new report out from consulting firm the Yankee Group says that Second Life is overhyped.

The report’s conclusions are fairly silly though, at least from the quotes in Next Gen, which writes, “Yankee Group said that the lack of growth may be attributed to the fact that people are opting to go mobile instead of sitting in front of a PC.” They quoted Yankee Group as saying, “Despite near-continuous coverage in the popular and business press, metaverses like Second Life are experiencing slowing growth and limited impact because of the tethered nature of their virtual world experience.”

Second Life isn’t stagnating because it’s not got a mobile client or because it requires a PC to use. It’s a niche product and it’s captured about as much of its niche as it looks likely to capture.