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(Speaking from experience with mainstream)
Most are SPLOGs. The others are online "diaries" that get abandoned almost as soon as they are put up. Then there's blogs that are sporadically updated.Then there's some with some mild traction and decent link impact. And, finally, at the extreme right of the curve, are blogs with a) personality b) tight connections to a network of other bloggers with their own following c) established fan base d) extensive link network, etc etc you get the picture.
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