There was this same question flowing around the internet and also from my fellow friends about blogging on blogspot or get a domain and host themselves, which is better? My idea as for now, get a domain host in blogspot, end story!
Really! I mean why taking so much hassle working on your own when there is actually a giant (Google) helping you to keep your blogspot blog? Yes, I regret for not doing this, so now I have to keep backup my blog entries and comments and keep my eyes on my hoster for not down timed on me then I need to beware of hackers.

Why? It’s not all bad to use blogspot, they are well maintained, give you full freedom to change the theme, and everything you need as a blogger, to make you smile a little, they allow pictures and videos upload also, you don’t need to buy an expensive host with more spaces.
Hosting Wordpress (Or any other blog script) only to make you look professional, but if you’re just trying to blog for fun or even for money, honestly, get a domain, blogspot is fine, real fine for all that.
After a few storming PR checking from Google, many bloggers has their PR dropped to 0. It’s all because of PPP, let’s see, Google hate PPP because giving too much link in a blog making Google robot busy checking all the links, so Google boycott the money-tree PPP, bloggers felt bad on this one, they want to make money but they need Google PR to get more opportunities in PPP. Well, in short, each of them needing each.

I have a few blog, now they’re all 0 and I don’t give the shit about it, why? Because you don’t need Google if you’re David Blaide do you? In blogger communities, I see MyBlogLog could give much more helping hand than Google. So, to be active, go to the blog who view your blog, that’s what I do, result? More than PR5 traffic, really! Previously I have a blog with PR5 and now it’s PR0, but with the help of MyBlogLog, I can get more traffic than when it’s PR5
But some people are so (I really mean SO) crazy about Google Pagerank, every blogs of them needed it for being good looking. They rather take down all the paid post and close down their link selling, which is a big big loss for them
These people honestly need drug rehabilitation
Why bother about one tree and let go a whole jungle?