With the help of del.icio.us founder Joshua Schachter, we used a recommendation algorithm to score every blog on Memeorandum based on their linking activity in the last three months. Then I wrote a Greasemonkey script to pull that information out of Google Spreadsheets, and colorize Memeorandum on-the-fly. Left-leaning blogs are blue and right-leaning blogs are red, with darker colors representing strong biases. Check out the screenshot below, and install the Greasemonkey script or Firefox extension to try it yourself.
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