And to add to that, San Francisco is now regulating political blogs (charging tax, etc), and another big news article on an American blog breaching a canadian publication ban...
http://www.canoe.ca/NewsStand/Toront...81891-sun.html
personally, I think blogging is a fad that's already at it's peak...
it's fun.. but a lot of people are in it for the wrong reasons, and they'll eventually determine that it's a lot of work, with little reward
