A question I would have is what problem are you trying to solve? From a quick though it would seem to be solving the same problem tumblr / posterous is solving?
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We're trying to build a platform that's more geared to long-form writers instead of people mainly aggregating content created by others. Services like Tumblr, Posterous, and Wordpress are focused more on real-time, constant updates. We're looking to build something for writers, not the blogging set.
Our monetization strategy is focused on providing writers with the tools for selling their content and then building a solid reading experience on top of that content.
Hey Alex - alright can see where you are coming from. Venkatesh Rao (from Ribbonfarm) writes ridiculously long posts on Wordpress. Maybe you can reach out to him to see if your product would interest him?
Will do, thank you very much.