Here is the best overview I have seen of Second Life. 
“Have some clothes,” the caped
woman says, handing me a box. I click on a pair of red pants inside,
but something goes wrong and I wind up crashing my new outfit. Just as
I’m at my most confused, a guy with a skull for a face walks up and
points his finger at me. Lights jump between my body and his hand. “I’m
stealing your soul,” he explains.
While social experiences, and obviously a few others, are the major draw now, virtual conference rooms, education applications, e-commerce and mixed world events are tapping into this new space as well. Be sure to check out the slide show (photo source).
LeeAnn Prescott of Hitwise notes the shifting age range of Second Life visitors and the comment by a SL regular that it seemed like there were now more newbies and marketing people in
Second Life who seemed like they were just checking it out for business
potential.
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