No, seriously. I loathe it. People who do textspeak to me become a lower class. For heaven's sake, the phones have predictive text...USE IT. And if you text speak in an EMAIL?!?! What the hell is your problem? I've seen posts on blogs (in teh comments) that are in textspeak. If you are smart enough to have typed in the freaking web address, you're competent enough (barely) to type in full words. Not like typing is a skill you need these days or anything. Will the world end if you have to take two extra minutes to type full words? I think not.
Lazy c*nts (as Twenty would say).
I was in a conversation about this on my private blog about a year ago, and got some comments that things like SOS, SWALK, etc were the text speak of their day. Yes, I can see that. But there are very few acronyms that can counter the insane way that textspeak is being used.