I'm not really interested in the service but I did look through the FAQ. The link to Gravatar is broken, looks like an autogenerated link, so you might want to check all other external links too. Back button is broken on the FAQ page. Also, why not have the answers on the same page as the questions and have a list of questions at the top instead of this ajaxy hide/show thing. It makes reading multiple FAQs a pain with too many clicks on shifting targets and breaks the back button. Also the frontpage seems very slow and loads stuff from facebook, which slows it down further.
You provide the connection to twitter/facebook, but users really won't do that until they want to -- until they have a reason to. Let them save something or create something on your site, interact with it somehow, and then to have it the same when they come back later, they have to register. Your homepage right now just consists of buttons to sign up and buttons to register. There's no "Try it now" and there should be.
I don't really get it. So I can use the site to post my blog posts to it. Then what happens?
... 5 minutes pass ...
Okay, signed up. Now I get it. Pretty clever, actually. This allows you to follow people like on Twitter, except posting is done by just posting to your blog, which is polled by Redanyway.
How will you make money with this site? I don't think using it is enough of a value add for people that you'll ever see the tremendous amount of traffic necessary these days to earn even a small amount of money from advertising.