Blo.gs for sale

Jim Winstead officially placed blo.gs up for sale today. 10,847 users tracking favorite sites and a large blog database. Includes a large ping database

The site cost $3500 to date and earned less than $750. Users will have a chance to delete their account before any data is handed over to new owners.

It will be interesting to see what happens to the service and how much people are willing to pay for a database, domain names, and some code.