Looks like Joi Ito's company is investing in Moveable Type. Good move.
With the upcoming release of TypePad, this will be an interesting little competition for Google-owned Blogger. I would tend to think Google plans to improve blogger, so there may be some interesting wars ahead.
In case no one noticed, the one gaping hole in the field is a php-based MT-level blogging app. When the right player steps in with it, which is inevitable, expect things to be taken to a higher level.
