In BoomTown’s ongoing series, “Microsofties on Parade,” I spent some time earlier this week with Stephen Elop (pictured here), president of Microsoft’s Business division.

Reporting directly to CEO Steve Ballmer, Elop is a newbie, having gotten to Microsoft (MSFT) only a year ago.

Which is why he is enthusiastic in his determination to tell the world that the software giant has gotten the open religion and is becoming “the most interoperable company in the world.”

Elop said that humdinger earlier this week, when he was in San Francisco for an onstage Q&A with Tim O’Reilly at the Web 2.0 Expo.

The statement was met by a show of “no” hands, after O’Reilly asked who in the audience thought that was true.

Still, Elop pressed on, also hinting that Microsoft’s Office products–Excel, PowerPoint, Word–could even be coming to the Apple (AAPL) iPhone.

“Not yet, keep watching,” said Elop, whose portfolio has purview over Office, as well as the Dynamics business applications division and Unified Communications products.

I suppose Elop can be that cheeky, after a lot of Silicon Valley experience as COO of Juniper Networks (JNPR) and CEO of Macromedia, which was acquired under his tenure by Adobe (ADBE).

Or, it could be that he knows from having five kids–including triplet 10-year-olds–that patience is a virtue and that there might be a day when more hands might shoot up.

In any case, here is a video interview I did with Elop, where he talks about making Microsoft a more open and innovative place, the changing business model of software and more:

I am talking quickly since it was a “speed-Q&A” session, where five of us moved from table to table and quickly answered questions shot at us from the people gathered at each.

They were split into like-minded groups–developers, designers, business types.

This video was shot on a Flip camera, the kind BoomTown uses for our own riveting videos, by tech writer David Spark.

Excuse the mysterious Ray-Ban look–the shades are prescription and I left my regular glasses at home. (Also, I was trying to avoid intimacy in this speed Q&A thing!)

Here Spark is asking me about my bête noire in the Web 2.0 space–lack of specifics about monetization.

I always get annoyed by the same stock explanation from entrepreneurs when I ask about it: “Advertising, of course.” But when I then ask for more detail and actual results, that’s where things always get a little fuzzy.

I also talk about the need for Web 2.0 wunderkinds to be scrutinized just the same as any business leader, rather than worshipped by a slavish press.

Hence, my rant:

Our quest was to find out what some savvy Web 2.0 types thought would–or should–happen next in the Microsoft (MSFT)-Yahoo (YHOO) takeover battle, following Yahoo’s earnings report yesterday.

Thus, we made the scene–at widgetmaker RockYou’s “Rockin’ Spring Mixer” at Bong Su and news site Digg’s get-together at Mighty–to get some advice on what’s going to happen next.

Frankly, BoomTown is running low on ideas and we got a good range of predictions to bolster our bare cupboard.

So here’s a good mix of interviews on the topic, with folks such as RockYou CEO Lance Tokuda, Broadband Mechanics’ Marc Canter, Digg Founder Kevin Rose (in the very, very dark and noisy club–sorry!–but you can hear him at least), Digg CEO Jay Adelson and others.

And, at the end of the video, using a dinosaur toy as a metaphor, Louie and Alex Swisher, who pretty much have the situation down cold.

Here’s the video:

I just got through telling someone who asked me that I thought you, Slide founder Max Levchin, was one of the smarter Web 2.0 characters.

Then, of course, you get to be on the cover of Portfolio magazine for its “Brilliant” issue this month. Apparently, Max, you are Silicon Valley’s new “It” Boy.

But for all your apparently massive amount of brain cells, which should be on display at your keynote today at the Web 2.0 Expo in San Francisco, how can you be so dumb as to stumble into that same old rabbit hole as so many other Internet hotshots?

Yes, Max: The goofy photo.

In your case, you look good in the coat-and-tie get-up. But please tell me why, oh, why are you balancing a giant lightbulb on the top of your head, as seen here?

It just ain’t dignified!

(Levchin revealed to me via email last night that he actually balanced the monster bulb on his head–but I remain unimpressed.)

Still, you can be comforted to know, though, that you join a legion of other legendarily goony tech figures in the continued march of egregiously wacky pictures.

Such as:

Microsoft’s Bill Gates and his prom date, a PC:

That lovely couple, Larry Page and Sergey Brin of Google, and those irksome colorful exercise balls (not that there is anything wrong with that):

Digg’s Kevin Rose channels Wayne’s World:

Former Netscaper Marc Andreessen as Le Dauphin of France:

And, my personal choice for goofy-de-tutti-goofball photos–Amazon’s Jeff Bezos with his noggin in a box: