OK - me thinks this is really getting overheated, though I also believe the money is moving more smartly this time. But over on CNET there is a blog post about there being too many blogs about blogs and he is calling it the BLUBBLE.
1 - Just as the media is making inroads with niches (i.e. The Fly Fishing in Saltware channel) people who self-publish online (i.e. Blog) will create even more micro-niches (such as the former members of co-ed softball league championship dynasty who want to know what is happening with the team today)
2 - So an audience may only be 3 people, but they are 3 people who care.
3 - BLUBBLE? are you serious - please oh please don't let this become a new buzzword
4 - Also, contributing to the rise of blogs are people, like myself, who post to 3 or more blogs for want of segmenting my audiences and making it easier for them to read what I consider important within a different context. On this blog, it is business strategy and trend related thoughts. On The Noble Pursuit it will be more focused on evangelizing that core idea.
Finally, I was debating on whether I would use MSN Spaces, LiveJournal, Bubbler, Yahoo 360 or Tribe for my personal journal but then again, I dont have much time to stay on top of the personal stuff as it is, so I am waiting them all out to see who advances best - Alex has certainly caught Tribe up with the Yahoo folks with the latest release of the Tribe profiles, so it is a tough call to pick a favorite, but Tribe and Yahoo 360 seem to have the best overall experiences.