Finally, the rumor became reality, the Yahoo! 360° is closing today. Here is the official declaration from yahoo! site:
"Make sure to save or download your existing content before July 13, 2009. On this date, all remaining material on Yahoo! 360° will no longer be accessible."
Yahoo! 360° has many nice blog feature to it, easy to use and give user a social networking site running by Yahoo!. As many users noticed long time ago, Yahoo! 360° gets slower and slower, besides, the social aspect of Yahoo! 360° turned out not so successful, there are plenty of other social networking sites which just fulfill a different function.
I think many users will move to blogger or blogspot after the closing.
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