This is the exact reason why many people don't trust web2.0 and by extension, Gov2.0 and LocGov2.0.
http://www.raena.net/social-marketing-bullshit-bingo/
This brilliant little piece has been put together to demonstrate that the old buzzword bingo game is alive and well, it just has a new, hipper set of clothes.
If you are doing a presentation on Social Web/Web2.0/Gov2.0/LocGov2.0 etc, then you couldn't do worse and run through it holding one of these cards. If you fill more than half, unless you're talking to your peers (those who will know what the hell you are talking about), redo your presentation. The english language is a wonderful thing, don't abuse it to bamboozle potential clients.
I should revisit my idea for a "Gov2.0 Without the Bull" presentation I think.