[blakesterz]

I've been running a small hosting company since 2002. Started hosting just my blog, then friends, then their friends and so on. I used to have about 300 blogs total, now I'm down to about 250, and it's slowly dropping every month. A few of those people moved to other hosting, and kept the blogs, but really most of them just said "I'm giving up, no time to blog when I'm busy on Twitter and Facebook"

I think many people feel like they get out what they needed to get out on Twitter/Facebook. They used to write on their own blogs to get things out, now it's elsewhere.