Thomas Frey:  Flogz is a well-functioning personal finance and investing community site where users submit links to stories and vote for which ones should be promoted to the main page, much the same as Digg.com.

Many new Digg clone sites have sprung to life and Flogz.com is a very user-friendly designed site that should rapidly attract many new readers/participants.

Flogz has a very nice automatic titling feature which enables easy submission of articles and includes the source of the material.

Over time, as the community grows, Digg clones like Flogz will eliminate the need to visit multiple websites for personal finance and investment news.

The power of this type of site grows dramatically with each new user; more users means more stories, more stories means a broader range of sources, and more votes means the best stories rise to the top. Through the collective effort of the community this site will be able to stay in touch with the best personal finance and investment news from a massive pool of media outlets.

Logically the market will only be able to absorb so many community-run sites like this.  But this is still virgin territory and Flogz is starting off on the right foot with a nice format and a well-defined market niche.