Blogging to peak next year?

I'm not a big fan of analysts, whether they are from the technology or financial side, but this is interesting. Analysts from Gartner said that during the middle of next year the number of blogs will level out at about 100 million. From BBC:

Gartner analyst Daryl Plummer said the reason for the levelling off in blogging was due to the fact that most people who would ever start a web blog had already done so.

He said those who loved blogging were committed to keeping it up, while others had become bored and moved on.

"A lot of people have been in and out of this thing," Mr Plummer said.

"Everyone thinks they have something to say, until they're put on stage and asked to say it."

Last month blog tracking firm Technorati reported that 100,000 new blogs were being created every day, and 1.3 million blog posts were written.