The problem I think with this domain is that its very user specific. Its a domain that would be used by one person for one purpose (unless you wanted to do a multiple user blogging website but the net is flooded with these now and you have missed the train, as it were)
So if its only really suitable for one persons blog and I am for example that person (that wants to write a blog) I would register a domain name specific to myself that encompasses what I am about, in the same way that you have done this with yours (I see your username is justahost).
For this reason I cant really see any value. You could however, do a blog yourself, as they can be useful tools to create linkbacks and forward traffic to other websites etc for other projects you may be working on.