I was lucky enough to be invited to attend a launch party last night for Regator, a new site dedicated to aggregating the best of the Blogosphere. I had a blast at the party and decided that I'd take a step back from finance today and tell you about this site because it really is a great tool.
The way I understand it, people nominate blogs to Regator ( yes, you can nominate your own), they are screened and either accepted or not. If they are accepted, their RSS feed gets added to Regator. The content can be voted on by users to move it up to the front page, similar to Digg but no numbers are shown, and the posts are automatically included, not individually submitted.
I got a chance to chat with one of the co-founders, Scott, and he told me that they reject 52% of submitted blogs because their emphasis is on quality content. They like the idea of giving smaller unknown blogs with great content a place to shine. The intent is that blogs with really stellar content will be acknowledged for their content and writing.
I think that Regator is a great concept and you can tell that the people running it really believe in what they are doing. I think that right now, there are a lot of big name blogs on the front page, so they have a way to go to hit their mark, but it is certainly a good place to go and look for new reading material that you otherwise might not find.
I like the fact that you can't see how many votes something has, because then you can't really see exactly how popular it is, you just know that it's popular.
Regator is definitely worth checking out and playing around with. They are still very new and there are a few blog categories that are under-represented, but it looks like they are growing rapidly so I am sure that it is only a matter of time.