How much is the rexblog community part of it worth?

Update: Since posting the following, I’ve been informed that, contrary to the reports mentioned below by TechCrunch and ValleyWag, Yahoo’s only purchase today was of Bix.com. (Also, I’m impressed with PR folks who work late on Friday nights.)

Okay, raise your hand if you’ve ever heard of MyBlogLog.com? That’s what I thought. You merely thought it was that goofy thing I’ve been messing around with so that photos of visitors to rexblog will show up over there in the right-hand column. Or maybe you’ve joined the rexblog community and noticed it was “powered by” them. Well, just to prove why you should drop by here more often, Valleywag and TechCrunch are reporting that Yahoo! is purchasing it. If the reports are accurate, my avatar friends Eric and Rafer & Co. were looking for venture funding and Yahoo! asked them if they’d ever heard the word acqhired? They said, “no,” but asked if Yahoo! had ever heard of the number ten million. For the record, I think it’s a wise investment: network effect, etc.

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