My Blog Log

Earlier this month Yahoo! confirmed they had purchased My Blog Log. This may be the best acquisition (next to Flickr) Yahoo! has made in the social web space. It's very addictive, super viral and highly useful for networking and information gathering. Right now it seems populated by early adopters but once it gets beyond the E.A. phase and Yahoo! begins to push it I see it exploding.

Update; As I spend more time on it the potential seems even more clear. It reminds me of Myspace, a MySpace for grown up bloggers really the first generation social media platform for bloggers.

Is there an acronym for this yet?

Social Blogging Media, S.B.M.
Blog Networking Media, B.N.M