Blogs Organizer is a blog software and
Blogs Automater is a software to collect RSS feeds and post them out to other already existing blogs... Of course you can rewrite content, make certain let certain words be formatted automatically, link specific words and so on...
What I like most is the fact the the coder is very open minded and actually listens to what people want for next versions...
Why don't you simply get yourself a free account and check out Blogs Automater :-) You can do this
HERE ;-)
One note: The site looks very spammy, I hope the coder changes this at some point but the scripts really do exactly what they are supposed to do!