Kevin: Mitch Ratcliffe at ZDNet breaks down the economics of 'great journalism' and comes up with the figure of $180,000 to support a great journalist, a journalist who is doing original reporting. It's an interesting read. When I read posts like this, I'd like to see a breakdown of staffing positions and roles in journalism organisations. He also looks at other ways to support these journalists including fees from readers. There will be a lot of talk about this in 2009 as more news organisations fail.

Kevin: The Washington Post puts all of their inauguration coverage – including photos, videos and text -on a timeline.

Kevin: Fascinating way to compare and contrast presidential speeches.

Kevin: Mathew Ingram, who has been the communities editor at The Globe and Mail in Toronto, has a new job with the Nieman Journalism Lab. He writes: "To many people, this may seem like a terrible time to be a newspaper journalist. After all, newspapers are closing up shop, shutting down their print editions, filing for bankruptcy, and generally sliding deeper and deeper into irrelevance, aren’t they? Well, yes and no. Yes, a major newspaper — the Christian Science Monitor — recently decided to stop printing a daily edition, and yes, Tribune Co. has filed for bankruptcy, saddled by billions of dollars in debt. Other papers are struggling financially as well, including the venerable New York Times. Does all of this fill me with gloom? Not at all." Congratulations Mathew.

Kevin: Tip of the Hat to crew at The Bivings Report for passing this along. The New York Times policy on Facebook and social networking, whether using them for personal use or reporting, is interesting. The reality is that personal and professional lines are less clear cut than they once were.

Kevin: Sarah Granger writes: "Whitehouse.gov did actually receive a facelift near the end of the Bush administration; no longer was the blog neglected and the site flat. Although it had held videos and audio feeds for a while, finally it seemed like a website worthy of 2008. But when the switch was flipped to by the Obama administration, it took on a whole new look. Welcome to open source government and a new era of government engagement online."

Kevin: Barack Obama's Technology, Innovation and Government Reform team talk about how they were working to remake government and governance using technology. It's worth watching regardless of the business you're in.

Kevin: You can have a bit of play with the GeoEye inauguration satellite image. "This satellite image of the National Mall was taken on Inauguration Day at 11:19 a.m. Click and drag to pan around the image. Use the buttons below the image or the scroll wheel on your mouse to zoom in and out."