I’m in the process of moving my Bloglines aggregation settings to Google Reader. The features that I like abou Google Reader that prompted this move are:
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I can add multiple tags to RSS feeds
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Reader shows you what’s new (and also what’s old) in all feeds or across tagged items: no more navigating complex folder structures
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the list display is easier to scan when you’re busy
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it’s easy to share feeds or individual articles
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you can replace the traditional static blogroll with a dynamic list of hot topics (see What’s tickling my fancy at left).
If only gmail had folders too!