Link for Twitter Viral XSS Proof of Concept:
Link is benign, accompanied with a choice of whether you want to be exploited or not, and an explanation of the process. If you accept, your account will have posted a reply to XSSExploits with "I just got owned!".
For more on how severe XSS can get please read Chapter 5 of Phishing Exposed.
Research conducted by Lance James and Eric Wastl