Technorati is a site I have been using for quite some time now... It is somewhat like Mybloglog as you can submit all of your blogs and other individuals can "favorite" your blogs. This allows your fans to track your newer posts, each time they login to Technorati it displays to them all of the recent posts from the sites that they have made there "favorites." This makes for a great way to keep an eye on all of the blogs that interest you or your readers. You can skim through the latest titles of all your favorite blogs all in one place till you find something that catches your eye.
The part that I really like about Technorati though is that once you have submitted all of your blogs, Technorati tracks all of the people that have linked to your blog automatically! This is very useful tool because this allows you to see who took the time to link to your sites, and it helps you to return the favor if you so choose by linking back to their blog. Not only that, but you can sort these links by date or by "authority", which allows you to see the most "powerful/important" links to your site as well. This site also gives you your blog rank which can be a good thing to keep an eye on and will increase with each link to your site.
There are many, many other tools that Technorati offers like Tags, Blog Search, and WTF as well. What is your favorite part of Technorati? Did I miss any useful tools? Let me know, and if you still haven't signed up for Technorati you can here or you can check out my profile here!
Technorati is really a great site, especially if a lot of people favorite your blog..
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