Well the new service is up. It's also worthless. Not only does it automatically serve up embedded ads which reduce the usefulness of the service, but the whole thing is horribly slow. No thanks.
I've discovered that Blogger has a widget that lets me do the same thing. All I have to do is update my site from 1.0 templates to 2.0 layouts. Looks like I'll have to front burner that effort.