What's The Value of a Blog?

I am very new to the world of blogging and it appears that many others are as well. The word blogging is so new infact,
that my spell check does not even recognize it....( blooding, blooming, blotting, blowing, logging, bogging, clogging, flogging
and slogging are several options to pick from to replace the word)....However, it's becoming increasingly clear that
blogging is a phenomenon which is rapidly changing the way that people share ideas & images, connect to like minded
indivduals, communities & family members and offers endless possibilities for self publishing.

I'm very pleased that we as a group (The Factory 14s) are entering into this new realm of "Messages & Communication".

And now a message from our sponsor.....

A friend recently told me about Technorati. Which is a search engine for blogs. http://www.technorati.com/

On their home page they claim to be Currently tracking 21.1 million sites and 1.7 billion links.

We here at Technorati think that all your blogs are priceless. But when Weblogs Inc. was bought by AOL a few weeks ago, Tristan Louis did the math. He figured out how much each blog in the Weblogs Inc. stable was worth, based on their Technorati rank.

Inspired, Dane Carlson whipped up a handy little calculator with the Technorati API. Just enter your blog URL to see how much it's "worth" using the Weblogs/AOL math. Give it a try!

My blog is worth $0.00.
How much is your blog worth?

Logging in and creating a username & password.................$0
Creating your first post................................................................$0
Commenting on previous posts...............................................$0
Uploading photographs & artwork............................................$0
Uploading stories, poems, journal entries, hyperlinks, memories,
shopping lists, recipes, reviews, comments, opinions, advice,
cryptic messages, jokes, rants, raves, small talk, large talk,
elephant talk, .......................................................................$0
Sharing ideas & communicating with one another................Priceless