Congratulations to Dave Sifry on boosting the industry morale by proving without a doubt how a modest implementation of a really good and really useful idea can still excite big-time investment: Dave's not saying much, but word on the blogstreet has it that Technorati has attracted $6.5M in VC dollars, and this is just one story ...

[Technorati] is the second RSS related company to get big VC dollars. In June Newsgator attracted undisclosed amount of funding i from Mobius Venture Capital. "We have been aggressively exploring the universe enabled by the rapid adoption of RSS-based technologies since the beginning of the year," said Bradley Feld, Managing Director at Mobius Venture Capital. I am guessing here but Feedster, and Bloglines could be next in line for funding.

Good choices one and all and good to see a worthy technology finally get its due, but hey people, this time around, just a thought, but how's about we see if you can make funding figures like that last out 6 years -- and not flash the whole pan in 6 months. It's not hard, honest: Just keep chanting, Icarus, Icarus; remember Icarus, keep your eyes on the prize, don't take any wooden nickels and know that the play is the thing and that's why you were doing all this in the first place ... and above all, eschew any coffee that costs more than $1.50.

I don't yet see the evidence of funding towards averting it, so I also hope all these VCs have done their due dilligence lest this newest bubble implode under its own success ...