Craig Harper has created a list of the top 100 Australian blogs based on Technorati rankings (which are based on the number of blogs that link to you). It's in his right side bar near the bottom.
Of course that are lots of other ways to rank blogs, so Meg has re-ordered it using Alexa rankings (which are based on the number of visits from people who have installed the Alexa tool bar.)
Where's Quiggin? authoritative list :not. Back to motivational B.S. Craig.
And they're not all blogs. ie number 16 "The World Today" site at the ABC.
How do people feel about the inclusion of commmercial blogs?
IT News
Entrepreneur's Journey
Alister Cameron - "If you haven't worked it out yet, I'm passionate about blogging! I build blogs, I optimize and market blogs, I coach bloggers, and in the gaps I blog about blogging. Phew!
The World Today..
Sweet Sensation - "INGREDIENTS:
chocolate ripple cookies
whipped cream" with a photo of Arnotts cookies, sorry biscuits.."
Small Business Marketing and Branding - By Yaro Starak
etc
etc..
Without actually clicking and counting, I reckon they run about a third of the list.