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Technorati's Sifry Provides Blog Stats

Time to update all your “blogs are exploding” presentation slides folks, “David Sifry”: has just released his latest “State of the Blogosphere”: statistics.
* 27.2 million blogs
* Number of blogs doubling every 5.5 months
* Blogosphere is 60 times larger than 3 years ago
* About 9% of blogs are spam (by various definitions)
* Technorati adds 50,000 posts per hour to their database

Key quote:
bq. We track about 1.2 Million posts each day, which means that there are about 50,000 posts each hour. At that rate, it is literally impossible to read everything that is relevant to an issue or subject, and a new challenge has presented itself – how to make sense out of this monstrous conversation, and how to find the most interesting and authoritative information out there.