So what do you need to mimic Twitter over RSS?
You really only need #1 unless you want to be able to say things too, in which case you need #3 and #4.
Any existing Feedly-style service could provide the #1/#2 combo with just a little UI work.
Any blog could provide the #3/#4 combo. Undoubtedly some that are customized for microblogging would emerge if this becomes a thing.
Or, the Feedly-style service could add support for #3 and #4 without too much trouble.