Project Retweet is now officially under construction

One of the Co-founders of Twitter published a post yesterday at Twitter’s official blog stating that Project Retweet is now on phase one.
To be more specific, Project Retweet will enhance one major (if not the most important) feature of Twitter. It will actually make Twitter even more social by enabling more information to flow amongst users’ streams. At the moment all we know is that the API is still under serious construction.
Retweeting has significantly changed part of Twitter’s original philosophy. Since its foundation back in 2006 Twitter has evolved from a personal life stream to a social mainstream monster.

I wonder when the first launch of this feature will be. I bet it wont take more than 3 months. What do you think?

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