Jim Kelly from Time Magazine has done an interview with I Want Media where he speculates that bloggers as still in with a chance of wining the Annual Time Person of the Year award.
IWM: Are bloggers leading contenders to be Persons of the Year?
Kelly: I would say that they are contenders, yes. You could name one blog and call it Blog of the Year, or name a group of people and call them Blogs of the Year. There are six or seven people who clearly have a lot of influence.