I'm proud to announce that Technorati has just launched our new Keyword Watchlist service, which now allows you to track and subscribe to live searches on keywords and phrases. For example, say you're interested in keeping track of the recent rumor that Six Apart is buying LiveJournal. You would start by going to Technorati and typing in a set of search terms like:

("six apart" OR sixapart) AND (livejournal OR "live journal")

This will give you an instantly updated stream of posts from blogs around the world that are talking about both SixApart and LiveJournal, in a post, using a variety of spellings.

Note the results page, however - Underneath the title of the search, you'll notice a link that says, “Make this a Watchlist”. Click on that link, go through the login process (or create an account if it is the first time at Technorati), and you'll get a link to that saved search to put into your favorite RSS reader.

Of course, you can feel free to use the watchlist I just created, too. Oh, and of course, you can also track the people who are talking about Om's article, as well, and create a cosmos watchlist to stay on top people linking to that article, too.

And btw, this is quite an interesting rumor - Looking forward to a confirmation or denial, and many congratulations to the folks involved if this is indeed true.