Here’s a quick summary, that I took from Blogger Buzz, of the features that a Blog List gives you:
- Link to blogs, web pages, and feeds from your blog’s sidebar, with an optional favicon
- For pages with RSS and Atom feeds, Blog List can show last updated time, post title, and a snippet of the latest post
- Sort links alphabetically or by last update time
- Show all links, or hide some behind a “show all” link
- Import subscriptions from Google Reader
- Blog List links are visible to search engine crawlers, so your blog’s PageRank and reputation flow to those you link to
Blogger Buzz: Show off your favorite blogs with a Blog List
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