Well, not exactly true. I made it up for the purposes of sensationalism.
I have a fair idea what Technorati does at a conceptual level, and used it in the past for things like conferences where bloggers may actually use the same tag. Their data lets us know the blogosphere is expanding at a rate that will soon encompass the edge of the universe where the lingua franca is not English.
I cannot say I use it on much of a regular basis, but shyly admit I have my own vanity feed as it is rather interesting when a blogger you never heard of is writing about to linking to you. For all the blogging effort, our egos need regular feeding, I admit it. Actually I like checking in on these remote connections, as it is a social network capability that did not exist BB (before blogging).
But mostly, my technorati feed is a mishmosh of mostly blogs that perhaps have a link in their sidebar (and what happens that triggers a fresh TechnoPing?) I get some things popping up that are from blog posts that are months old, and some that make a trip twice. So the whole thing is a bit mysterious and shrouded in techno fog. I seem to get a better set by looking at the Dashboard of my WordPress blog.
So I am not criticizing Technorati, nor am I sullen because I am not in the Top 100, 1000, 10000 or 10000000000. I just do not even partly understand what it does, but my feed does seem to stagger around like it was on something.
Maybe it’s just me.