I really like this tool. Still have to check how pictures will end up but the WYSIWYG is awesome! When using .Text enter Custom (MetaWeblog API) for the weblog type and http://[site]/services/metablogapi.aspx for the url.
Although I dislike the MSN Internet Explorer toolbar (it slows down IE considerably) I love this new “blog it” button. Click it to create a new post that links to the current page or select some text and then click the “blog it” button to quote the selected text in a new post. Thumbs up!
BTW: I am on holliday but important things like this should not be missed.