I love to research stuff before signing up and I found this info on the website Blogit. It seems its a pay to use and view in addition to getting paid.

http://cutewriting.blogspot.com/2008/03/blogit-pure-consummate-scam.html

If still interested in Blogit keep in mind that the commonly seen link for Blogit with the referral (http://www.blogit.com/Blogs/Redir/?291) doesn't show or link to their main page and FAQ's. Just look at this page http://www.blogit.com/ instead to review the site before signing up.

Just a FYI.