Why blogs are being debated?

Today there was a discussion going on NDTV on the blogs assuming a form of voeurism. The moderator was the quintessential modern day lady- the very very talented Barkha Dutt.
It was interesting to hear to diverse opinions. But by and large the majority stood by the relevance of blogs and the viewpoint more or less was that it is just another way of maintaining an online diary of yours and also a way of getting your presence noticed in the cyberworld.
Interestingly quite a few also maintained that it is another way of getting famous and who would not love that? The narcissist in us gets the upper of everything and it is too human a fallout. Which is why most of the bloggers, including me, flaunt their blogs in gmail or orkut or anywhere else.
Without fail, I have received zero coments in all but one of my blogs and my stats also say the same. Maybe they are not good enough. But that does not deter me from writing them.
Someone counteracted to the above rhetoric by saying that a blog rarely makes you famous.
Nonetheless, the blogophiles have discovered a forum where at the very least one can keep on writing-good or bad, just for the love of it. It keeps one in touch by and large with the issues- non-issues or burning issues because it is highly unlikely that a person writes crappy blogs just to flaunt them.
I guess a big shot from the company Blogworks said of among so many other things that content is the core basis of a book creation and this trend of book creation by dint of blogs hunting has still not started properly.
However, recent articles also suggest that even headhunters are seeking the help of blogs in searching new talents.