Does anyone truly get hyperlocal?

There’s a post at Peter Krasilovsky’s blog about new hyperlocal efforts launching soon. OurTown, Smalltown, AmericanTowns,,pegasus news, and city squares are a among the local services mentioned.

Am I completely insane and lost on 1 glass of wine if I say that all of these services are missing the big local picture and that I see other models that will work better?

Slap me upside the head or something, but aggregation ain’t it.