Virtual Life on The Internet

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These days, we have been living in a virtual life of  Internet with Facebook, twitter, blogs, orkut(its over now LOL) etc. Its good or Bad? Are not we getting dependent on internet for everything? Is it good or bad?For me its GOOD only but its a kinda addiction.I feel like lost if i do not have internet for a day(except the vacations and holidays)
I don't know about others but, i spend at least 10-12 hours a day on internet for work to personal usage( I know its too much but i am not able to control it). For me its a window to the world where we meet new people, make friend , interact with friendsacross countries, share our thoughts , get the news/information  of rest of the world but this is not all. We do shop online, we order pizza on net etc etc etc... I even did virtual farming and fishing (these are Facebook apps. If someone has been playing them, he/she must be knowing how addictive they are).
Recently, Anna Hazare, an Indian socialist, started a Fast unto death against the Indian govt for the Lokpal Bill(if you don't know about it, you can read it here). For the first day the movement was very peaceful but from the second day, people started talking on Facebook, twitter and in media about it and people started knowing about his cause and started supporting him. They had been reaching to "JantanMantar" to support him and sharing their view and pictures on internet. People who were not able to reach there(like me) were supporting him virtually from all the social networking sites.
This is not the only case where internet has taken a big part, we have seen it many times in both the positive and negative ways.


Virtual life is as necessary as real life as long as you are well aware of your boundaries and privacy settings. However i think, there has to be a limit to this and we should not forget the real life.
What do you guys think?

With Love

Swati