Memeorandum Sucks?

Robert Scoble has been raving about Memeorandum, a new aggregation site that claims:


The Web is humming with reports and opinions on technology. tech.memeorandum is page A1 for these discussions. Auto-updated every 5 minutes, it uncovers the most relevant items from thousands of news sites and weblogs.


I’m having trouble understanding how it decides what qualifies as front-page news. Does it rely on the quantity of posts linking to a parent, or does it scrape the Technorati top 100 or similar? Any ideas? I can’t see any explanation (or link to an explanation) on Memeorandum itself, which leaves me a little sceptical. Isn’t that sort of thing meant to be transparent so we can decide for ourselves whether to treat it as authoritative?

Ok, after following some random link from the Memeorandum homepage, I found this explanation of the source-picking. It seems to be mainly based on the quantity of links to a source. I’m assuming however that once one post by a source gets a bunch of links, then that source will be considered more authoritative for eternity?

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