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Joshua Micah Marshall at Talking Points Memo notes that The Air Force is funding a $450K 3-year project entitled “Automated Ontologically-Based Link Analysis of International Web Logs for the Timely Discovery of Relevant and Credible Information.”
Among the things they’ve figured out so far, doh:

“It can be challenging for information analysts to tell what’s important in blogs unless you analyze patterns,” [senior scientist Brian] Ulicny said.

and

One of the problems analysts may have with blog monitoring, Ulicny noted, is there is too much actionable information for the analyst to properly analyze.

and

“Blog entries have a different structure,” Ulicny said. “They are typically short and are about something external to the blog posting itself , such as a news event. It’s not uncommon for a blogger to simply state, ‘I can’t believe this happened,’ and then link to a news story.”

In other words, another study of the obvious, and no mention of conversations with actual bloggers. More like studying a frog under a microscope.
Hat tip to Alice Marshall