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Kevin Rose, the founder of Digg.com, may be on the cover of Business Week, and his company might have recently been reported to be worth over 200 million (and himself worth 60 mil), but what does that really mean? Is this a resurgence of earlier internet days, with inflated valuations and lots of undue buzz about nothing?

Everyone remembers the dot-com days of boom and bust, but so much has seemingly changed in the world of internet startups. Web 2.0 has an entirely new paradigm and a different focus for monetizing. There’s a lot of speculation out there about Digg, so I thought I’d give you a quick glimpse into a couple of viewpoints I came across on recent podcasts: (clips might take a minute to buffer)

Business Week Podcast (Interview with the authors of the recent cover story, being asked about how Digg makes money)

Kevin Rose (on TWiT podcast, responding to the article’s valuation figures)