Jesse, a new blogger at b5, has posted an article at Technosailor reviewing Newsvine:

Here’s the concept- Newsvine is divided into several categories: Top News, World, U.S., Sports, Politics, Tech, Entertainment, Science, Business, Health, and Odd News. Each category has several sub-categories (in sports, NFL, NBA, MLB, Soccer, etc.). On each page it will have the lead story from the AP wire with a picture at the top, as well as more stories below that. On the right side there are the top AP stories, then below that the top “seeded” stories (I’ll get to that in a minute), and then below that recent “seeded” stories. [...]

You are given a column at the subdomain you chose, along with an account to use the features of the site. At your column you have two types of posts- Normal and seeded links. Normal posts are just that:  You have a title, and then your article. Seeded links are more like Digg-You link to a story with a short description. You then add a description of the article. [...]

There is also a section of your subdomain for you to add links.

After stories are written, you tag them. People can then comment on them, but they can also, er, “digg” them, I don’t know what the proper term is, but that’s the equivilent. Stories that get the most “diggs” rise higher on the sidebar. Like a combo of del.icio.us popular and digg.

Newsvine can also function as a news reader of sorts. If you find an author or subject you really enjoy, you can “watch” them, meaning that when they post new content, it gets put on your “watchlist” where you can look at what’s new.

I also have a Newsvine account, with 19 invites left to give away. If you would like one, and promise to use it only for good - email me at cj@christinacjones.com, and I would be glad to shoot one your way. Newsvine is still in beta, and therefore lots of good subdomains are still available. Get it while its hot! My domain is http://beauty.newsvine.com, but don’t expect much yet, I haven’t quite figured out the process. But thanks to Jesse for this article, it will help me a bunch figure out what is going on here!