I just found a great post about Nathan Torkington creator of odio.us the Gateway to Web 2.0 Riches. Just go there and scroll up and down the Web 2.0 elevator pitches. The are really funny. I bet you he gets a lot of them these days as the producer of OSCON.
The original Buzz-Phraser 1.3 has three languages – TechnoLatin, CollaboLain and IdentoLatin. Hopefully it will be helpful for all those coming up with cool talks for us at the Internet Identity Summit.