This is a re edited post originally dating back a year. (Yes I am trying to getting organized).
Some time ago I was inclined to kick my MyBlogLog widget from this Blog, because its server didn’t respond quick enough and caused hung pages on this Blog and several other Blogs.
My first introduction to Bloglog was by Guillaume of Hotel Blogs who had the widget already quite some time. I got curious and registered in January 2007.
Basically MyBlogLog was about counting. Counting the incoming and especially the outgoing links as a tool for the Blogger. The main reason seemingly to make it possible for the Blogger to see the clicking through in detail, as Google Adsense gives such a tiny little bit of information. Community building is also possible, but only as an afterthought I believe. The best part of MyBlogLog still is its recently revamped widget, especially because you can visualize your visitors if they also have a MybloLog account.
In January 2007 My Bloglog was acquired by Yahoo. See: The Jig is Up.
Browsing around I hit upon the Everybody Hurts post on the Blog of Mybloglog
Quickly thereafter I found The Rise and Fall of My Bloglog
and here is the other side of the story: Shoemoney is part of the problem
It all came down to the fact that a lot of people were using MyBlogLog to spam. Shoemoney pointed it out and the result was he was banned from MyBlogLog. An example of killing the messenger. MyblogLog cured the problem and apologized to Shoemoney and case closed.
In their recent revamp they are trying to make MyBlogLog a sort of center of your community building. It is not bad, but BlogCatalog does it a bit better. I don’t like it that MyBlogLog apparently allows non Blog authors to join and seemingly to incorporate non claimed blogs as well. The advantage of the also recently revamped BlogCatalog is that you can unfollow feeds of “friends” in you dashboard. But both are worthwhile to pursue.