Technorati still a player…?

Image representing Technorati as depicted in C...

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Back in the day, Technorati used to be something of a player in the blogosphere… of course, this was back when blogs were nowhere near as common and the question really was “Why should I even start one?”  

Once the world started to realize the amusement-factor of blogging and commercial interests started to realize how effective they are as a marketing tool, well, then we really started to see some exciting new communities and tools crop up.  One of these was Technorati. 
I was a big proponent of being involved with Technorati in those days, but it seems that their relevance seems to have waned in favor of the nine point six billion social-networking sites and site aggregators out there.  I mean, there’s really no shortage of websites that will take your feed and combine it with countless variations of information… it’s actually pretty interesting.  Feedly is a great example of this… and I’m a big fan.  Now, granted, they don’t quite do what TR was doing – putting together content based on relevance and authority – but they haven’t done much at all for years and years.
So the question remains, is Technorati still a player?  Is it still relevant, or does it join the masses of obsolete social media concepts that had their day in the sun but have since been eclipsed by the onslaught of people doing exactly the same thing?
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