So you've seen what looks like everyone and their brother using Mybloglog's nifty little widgets on their blogs displaying the last visitors along with photos. When I first saw this I thought, hmmm, that's interesting, another company has jumped onto the blog tool/widget train to gather as many backlinks as possible from all of it's users. I'm skeptical of anyone giving away widgets for free or anything for that matter. So as much as I was tempted to add a Mybloglog box to my site I held back… And good thing I did. After reading Shoemoney's blog post as well as Jensense you can see why running mybloglog on your blog or site isn't a good idea. They seem to be tracking not only your visitors (where they came from/where they go) they are also tracking your ad clicks on adsense and ypn.
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One of the major use of this is to track visitor’s behavior, such as where they come from(which search engine and websites), and which keywords they use. The great thing about this is you can use this information to see what your readers are really interested in. Have a good day!