Steve at BusinessWeek points to why Technorati is so slow... He's right, "This spells opportunities for others, from Google to PubSub, if they muster the machinery and algorithms to master the blogosphere." Frankly, the sooner that Google does what Technorati does the happier I'll be.
What's also interesting is Steve's transparency... he posted his reporters notes. This is brilliant and deserves applause.
