I've decided to start a Weblog. I started out looking at Userland Radio. Although it had a large number of features, I found that I liked having everything on my server. This includes the data entry screens and the database. The biggest reason was the database. I didn't like the idea of my weblogs being stored on someone elses server where I couldn't keep track of it.
With MovableType, the database, forms, scripts etc are all on my server. Yes this is a hosted server, but I can easily make ftp based backups on my schedule and move the whole site to another server with the weblog intact.