Dating back to July, but new to me, is Rebecca Blood's essay on how weblogging isn't journalism but has its true essence in discourse amongst engaged citizens. I've pretty much reached the same conclusion, but still think of weblogging as part of "The News". Those personalities striving to unify journalism and weblogging strike me as seeking validation through entry into a very guarded priesthood.
Lot's of other juicy bits too including the separation of the weblogging tools and content, and the potential for new Web native publishing forms. I would argue that photos and photo galleries will next find their natural authoring form on the Web. The outer limit is digital video. We can't do much more than put a big wad of bits up and either batch download them or stream them.