The creation of new site blogs is on hiatus, but that's not to say that the community here shouldn't make plans for what they would want to see in a blog down the line.
There isn't any real proper integration between the blog and Q&A systems. The blogs we do create - and their authors - ultimately suffer as a result of that disconnect. We're looking to fix all this but it's going to take some time, and we feel that it's better to have people wait for a more complete blog experience than to continue to create ill-fated blogs. However, that's not to say that this community shouldn't discuss the idea of a blog or collect volunteers and ideas for posts. It's just a disclaimer that it may be many months before the blog can be created.