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Beyond Twitter, YouTube and Flickr, the range of Plug-Ins on WordPress seems to me to be far more user-friendly and impressive than those offered for Blogger.
It feels like Blogger is the new Livejournal (but for older people), a platform for casual bloggers. There's nothing wrong with that but more "serious" bloggers use Wordpress or MoveableType. It gets muddled because lots of people self host and you can't always tell by looking. Younger people are using Twitter and Facebook for quick updates, and I'm seeing quite a few hipsters writing on Tumblr in chunks smaller than blog posts but more significant than Tweets.
Six Apart is in trouble. They've got a focus problem (Vox, LJ before selling it) and early technical decisions are weighing MT down (Perl, static site generation). Worst of all, they bungled that licensing/pricing change and MT was not explicitly open source until December 2007.
Meanwhile the WordPress engine is unambiguously open source, free, trusted, and even loved. Whenever I think about some feature I want that isn't in the core yet, there is always a plugin for it. The amount of developer goodwill and momentum WP enjoys reminds me of Firefox. You don't have to be a billion dollar acquisition target (or even much of a business) to generate a huge amount of value.