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I just found this via Jeremiah Owyang via Twitter.

go2web20.net

very neat, very very very simple, visual directory of TONS of web 2.0 companies out there. i wish there was a ratings feature (beyond the 10 word summary), so i can make some type of judgement whether or not to click thru to the site, but i think it's worthwhile to check out if you're looking for new and interesting stuff.