Economist has a article on Commercialization of blogging

The article talks about the business prospects of blog, fair enough, we have heard that time and again, but this one hits it out very badly. I personally feel, blogs maintained by people are they very own works, the Copyright rests with them, and in no ways can u call a blog good or bad or pass on politically wrong comments, each blogger takes pain to maintain their blog.

Describing a blog, the articles says

Web logs, known to their users as blogs, are web pages for self-anointed pundits—personal online journals, often updated throughout the day, full of raw, unedited opinions and links to other sites. Most are what one would expect from a new internet medium: nerdy, inane and barely grammatical, and intelligible only to teenage subcultures.

Wonder which blogs they have been looking at and wonder on what basis they call it intelligible only to teenage subcultures

Read a lot of articles on blogging and business, but this one is more cons type.

Whatever it is, a true blogger will never leave his/her blog at rot :)