There seems to be quite a bunch of blogs watching new startups now that I've started looking for them. Here's one more which made a good first impression on me. They have about 5 new posts a day at the moment.
From their site:
"We profile fledgling startups trying to understand what makes business tick (and what does not). In addition to this, we cover interesting websites, productivity tools and scripts, emerging technologies and interesting market research briefs."
Antti