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Technorati has just released their latest report on the state of Blogosphere, but this time they have named it as “State of Live Web“. Steve Rubel is quick to point out that no one scale to capture the state of Live Web, other than perhaps the big search engine, Google. The pie-MySpace, Facebook, Twitter, Youtube and onward-is way to big.

The summary of Technorati data follows:

• 70 million weblogs
• About 120,000 new weblogs each day
• 3000-7000 new splogs (fake, or spam blogs) created every day. Peak of 11,000 splogs per day last December
• 1.5 million posts per day.
• Growing from 35 to 75 million blogs took 320 days
• 22 blogs among the top 100 blogs among the top 100 sources linked to in Q4 2006 – up from 12 in the prior quarter
• Japanese the #1 blogging language at 37%
• English second at 33%
• Tracking 230 million posts with tags or categories
• 35% of all February 2007 posts used tags
• 2.5 million blogs posted at least one tagged post in February

The use of tagging has sprung sharply and so is the amount of blogs being created. But Steve Rubel thinks that blogging has peaked, I kind of disagree with him, its just that people now have so many other ways to express themselves rather than just write a “Blog” post. Twitter is a case in point. Another important salient point is that Japanese is the largest language of Blogosphere, with English coming at number two. Other fact that made me happy is that blogs are now increasing being referred to by Main Stream Media, with 22 blogs among the top 100 that got referenced to by Media publicationsin Q4 2006.