Yelp focuses on the "Wall of Text" type of review. Foursquare tips are one-liners.
So instead of:
"My date and I came here a few weeks ago and the initial ambience was great. We waited around 20 minutes for seats and the decor out front was..."
you get
"Try the veal. Seriously."
One is much, much more useful in the mobile context, the other is almost useless. Yelp also over-emphasizes the star-rating system (which at this point is completely irrelevant and pure noise) while Foursquare simply throw tips at you.
Overall I've found that Foursquare Explore's recommendations in NYC to be vastly superior to Yelp. I'd be sad if they go under.