Well, I can't get the confirmation email from Bloglines to complete my registration. I was able to set up my folders though. However, it would not allow me to delete the "Blogline News" folder.
I think the RSS feed will definitely make it easier to follow the blogs to which I subscribe. Instead of having to visit every single blog, their new posts will come to me. There are so many blogs out there, that I will have to be particular about what I choose for subscription. I don't want to spend hours reading all of the blog updates! Having separate folders for organizing my blogs will allow me to read in each category as my time allows.