Thumbs up across the board on this one. The design is much better and easier to read than its year-old predecessor.
The new features, though, are where the action is. In particular, the new “Discover” area of the site is an excellent way to take the pulse of the blogosphere on any given topic, inlcuding news, technology, sports, business and life. This feature is clearly aimed at trying to recreate some of the success that Techmeme has had in becoming the “newpaper for the blogosphere” and is much better than previous Technorati efforts. Product Manager Liz Dunn will be releasing more details on Discover later this week.
There are other notable changes as well, including updates to the Favorites section and the Popular section (with more emphasis on user favorites over the pure link count of the Technorati Top 100 list).