After having played with blogger (or blogspot) for a few weeks now, I wanted to pen down some of the important features that this blogging system is missing.

1. Lack of support for embedding videos (youtube, metacafe, etc..)
   
2. Unable to view page in full-screen when editing a post
3. Unable to post pictures where you want in your blog post; this kind of sucks - I was able to upload pictures but it posted them to the top of the post every time. I had to drag it down to the bottom if I wanted to position them there. Also, there did not seem an easy way to edit the location/url/caption/size of the image after it was published.
4. Lack of built-in templates -- there are tons out there, but they should be easily accessible to install through the Settings tab though

That's my wish list for now. Given its a free software, I don't think the tool is bad; but it would be nice to have these features implemented as they seem to be fairly common in use by folks who would like to blog on a daily basis.