No matter how unimportant the event, the actual experience of something has become secondary to our capturing of it and telling our followers.
Paul Carr in his NSFW column on Tech Crunchis complaining about how social networking and streaming statuses are making people self centered and unable to simply live for the moment.
He's obviously never spent a lot of time with a scrapbooker - we live for taking pictures and capturing moments. Scrapbookers will catch ourselves dressing the kids for our photo shoots, staging events around scrapbook page ideas, and generally making our family crazy by documenting everything from the visit to the pumpkin patch, to junior's tonsillitis.
Guess what - human beings are self centered. That's not new, and Facebook didn't make that happen. Everyday life is also for the most part just plain boring, and Twitter didn't create that situation either. The answer to "what are you doing right now?" is most likely not going to win 99.9% of people a Pulizer Prize. Deal with it.
There is a joy in boring everyday average life and it should be ok to share it. Yes, use your judgment. No, we don't want to know EVERYTHING. But people should feel free to be the boring and authentic selves that they are. And yes, if you want to - take a picture and share it. To me, this is in fact living in the moment.