I never thought I would ever say this, but it seems that Google (or rather Blogger) has once again reinvented the way blogging is done!
(Blogger Buzz) The new version of Blogger now supports using a custom domain for serving your blog. If you already own a domain named, say, mysite.com and want your blog to be served at that address instead of at a blogspot.com address, we can host your blog on that domain for you — for free. Your old Blog*Spot address will forward to your new custom domain, so the switch will be seamless for your readers.
I've already purchased several domains I would love to try this on (those being InsideOrkut.com, DarnellClayton.com, ColonyWorlds.com, IsraGood.com) and I will move my blog over to the self hosting later on today (after I get some sleep).
Is it me, or is Blogger really freakin' cool!