The folks at Wikio sent email saying
Wikio is the number 1 news aggregator in Europe, indexing over 55,000 English-language sources. We have only recently launched our Top Blog rankings … We have designed our rankings so as to make them the most comprehensive on the Internet – you can check them out in full and get more details on how they are compiled.
And they sent me this:
Now, in my view, being # 893 (which is what this showed on the day I posted this item) on almost any European blog list is pretty good for a small-time US operation like this one. But does it mean anything? Apparently, that number is a result of mating a Google-like ranking with a TLB Ecosystem-like ranking:
The position of a blog in the Wikio ranking depends on the number and weight of the incoming links from other blogs. These links are dynamic, which means that they are backlinks or links found within articles.
Blogrolls are not taken into account and Wikio only counts links from the last 120 days. We thus hope to provide a classification more representative of trends in the blogosphere.
Moreover, the weight of a link depends on the linking blog’s position in the Wikio ranking. With our algorithm, the weight of a link from a top blog is greater than that of a link from a blog that is less well ranked.
So it's part popularity contest, and part weighted popularity contest. But does the attention of crowds measure wisdom?