The feature is already live on Microsoft's Bing; Twitter posts appear based on key terms and tweets about hot topics. Click the "see more" link and you're redirected to a page containing recent tweets (that refresh automatically!) and a list of top links about the topic currently being shared on Twitter.
I think this news is exciting. While your reactions are split over getting news via Twitter, it's become a prime destination for finding up-to-the-minute content. We'll have to wait and see how Bing and Google plan to fully integrate Twitter feeds into search results pages, but if the past is any indicator, the incorporation of Twitter will be a huge win.