Fast Company has a strong praise of weblogging. It concludes that blogging seems to get some traction finally.

"Corporate America is jumping onto the blogwagon for many of the same reasons all those journalists, brooding teenagers, and presidential campaigners are already on board. Unlike email and instant messaging, blogs let employees post comments that can be seen by many and mined for information at a later date, and internal blogs aren't overwhelmed by spam. And unlike most corporate intranets, they're a bottoms-up approach to communication. "With blogs, you gain more, you hear more, you understand where things are going more," says Halley Suitt, who wrote a fictional case study on corporations and blogging for the Harvard Business Review . "Even better, you understand them faster."

"So do blogs hold the key to seamless sharing of collective corporate intelligence, the holy grail of knowledge management? Web log software is cheaper to install and maintain than many knowledge-sharing programs, and it's extremely simple to use. Knowledge software often requires employees to take both an extra step and extra time to record what they know, and to fit their knowledge into a database of inflexible categories. Internal blogs are more integrated into a worker's regular daily communications. IBM began blogging in December, and by February, some 500 employees in more than 30 countries were using it to discuss software development projects and business strategies. And while blogs' inherently open, anarchic nature may be unsettling, Mike Wing, IBM's vice president of intranet strategy, believes their simplicity and informality could give them an edge. "It may be an easy, comfortable medium for people to be given permission to publish what they feel like publishing," he says."

Thanks to Fons for pointing me to the article.