USG has an internal blog pilot -- which is not attracting much internal attention at the moment.  From Mr. Scoble of Microsoft we have some hope: 

Fortune Mag writes about corporate blogging.

Fortune Magazine: Wby there's no escaping the blog.

"It's all about openness," says chairman Bill Gates of Microsoft's public blogs like Scobleizer. "People see them as a reflection of an open, communicative culture that isn't afraid to be self-critical."

And if you aren't self-critical, your readers will whoop your behind. As I've learned several times over the past week or so.

[Scobleizer: Microsoft Geek Blogger]