Technorati has seen a lot of changes this year. In May, they launched a total redesign. In August, then-CEO Dave Sifry stepped down without a replacement. In September, they launched a stream-of-consciousness-river-of-news Topics section to highlight posts in each area (for one second apiece), which soon became the new front page for Technorati. And today, as reported by TechCrunch, they have another redesign going live.
The new front page is similar to the topics front page in that it features recent stories. However, stories are featured for longer and the featured stories are determined in a Techmeme-esque algorithmic way (kind of ironic after the heat CEO Richard Jalichandra took for paying Techmeme a backhanded compliment in October).