A blog on blogspot.com is very good for just getting crawled by googlebot.
Brilliant deduction, huh?
But I really thought there was more benefit!
No Extra Weight:
But, this is not because blogspot blogs have any extra weight, it’s only because, imo, Google had dedicated extra googlebot resources to crawling their own blogs. And why not? Those blogs are right there at home.
Zero Link Juice:
Blogspot.com blogs get ZERO link juice from PR8 blogger.com. The few “Blogs of Note” link at the bottom of blogger.com are nofollow. I did find one PR5 page on blogger (changes10.g) that lists recently updated blogs (a live list). For a moment I was hopeful, but the page took like 5 minutes to load here cuz it has 10,000 blogs listed for the last 10 minutes. A PR5 shared by 10,000 external links is a PR-shit imo. However, if you post every 10 minutes, it would be possible to get 1/10,000 of a PR5 for your blog.
The Magic “Next Blog” link:
Again, I looked closer at that Next Blog lnk at the top of my blogspot blog. I noticed that the link is not to another blog, but to a script which does a 302 to another blog: no PR passed there. Google knows when to use a 302.
I tried to load blogspot.com in my browser and I see that it does a 301 to blogger.com. Google knows when to use a 301.
You see?
Whenever anyone links to blogspot.com, blogger.com gets the juice.
Goolge is cleverly sculpting the PR for blogger.com. Nice work.
So, to summarize, creating a blog on blogspot.com is about the same as creating a new blog on your own hosted account…PR ZERO!
You will get no PR help or other form of link juice from the parent domains: blogger.com and blogspot.com. It’s not about you or your blog; it’s about THEM! (and that’s how it should be)
What You Get:
Your blogspot blog will be crawled often.
Your blogspot blog will be included in google blogsearch (whoopie)
Your blogspot blog is free.
Your blogspot blog is redirectable.
That’s it as I see it.
G’nite, Bompa
PS: Btw, see the numbers included with each tag (down below) in this post? Those are actually the volume of queries that phrase gets according to Google’s keyword tool. 
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