John Robb asks:

1. Can blogs can replace portals?
2. If so, what are the relative costs, benefits, ROI?

His answers (and I concur):

1. Yes for everything except "adding a web front end to business apps"
2. Blogs look better:
• Costs: $142 vs. $807 per desktop (Costs 82% less)
• Benefits: $1,658 vs. $1,886 per desktop (Delivers 88% of the value)
• ROI: 1,170% vs. 240% (or 4.9 times the ROI)

Considering that so many projects:

• Aren't funded at all in this economy
• Fail completely (around 25% are cancelled or aborted)
• Fail partially (blowing scope, schedule, or budget)

Setting up a klognet seems like a low risk, high payoff proposition.