I'm more excited about D.Buzz when it's longform than its current form with character limitations. It will be better than Twitter, but the 5 minute delay (which I didn't know about, I just joined HIVE) isn't a big issue for me personally, but it will be for some, maybe. If editing requires a 5 minute delay, definitely, then.
Is the 5 minute delay enforced on the blockchain? If Twitter gets ahead of that and has 3 second delays instead, as I was mistakenly understanding, then there's a chance for an actually relevant space for them to enter into the scene. That is more worrisome.
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You dont need to wait 5 mins for edits. Edits can go through almost immediately.