"Today we’re saying goodbye to Steve Jenson, who is leaving Blogger and Google. SteveJ — seen here with his backing band — has worked on Blogger, first at Pyra and then at Google, for the past five years: coding it, fixing it, keeping it alive, and making it better. (By now he's likely worked on it as long as Ev did, which is no small feat!)"

http://buzz.blogger.com/2006/12/so-long-and-thanks-for-all-blogger.html

That means we won't see any new update to Blogger after this beta. And then Eric will leave too. No more excitement.

Amit's post: Does Getting Acquired by Google Means End of Innovation
http://labnol.blogspot.com/2006/11/does-getting-acquired-by-google-means.html
Yeah, no more excitement*.
*Excitement!= Google buying WordPress/Six Apart