I can't say it any better than the original article:
"The SMS Bible: 4 God so luvd da world
From word-of-mouth, to papyrus scrawl, to Gutenberg press… we now bring you da Bible, in SMS 4m. No we’re not kidding. A member of the Bible Society in Australia has translated all 32,173 verses in just “four weeks” (!) into SMS-style text. They even provide a free download from their site so you can send God nuggets like “In da Bginnin God cre8d da heavens & da earth” to those in need of a little churchin’ up. [Warning: link may invoke choir singing and potential wrath of The Maker]"
Ah, progress continues unabated.