Well, I decided to revamp my blogroll a bit.
"Actually Met" is the category for people who I actually have met in the flesh.
"Electronic Friends" is for frequent commenters or people who I feel like I know even though I have not met them in the flesh.
"Might Meet" is a group of people who are local to my area and circulate in some of the social or blog circles that I visit.
"Hangouts" are community type blogs that I comment on occasionally.
"Smart guys" are gurus of one nature or another. Some of them I just link to because they are interesting to watch. Others I have been accused of having a "man crush" on.
"Blogs" are for blogs I enjoy reading, that don't fit into the other categories.
"New/Untested" is where I put blogs when I first subscribe.
I have always managed this through my bloglines account. I made the rest of my bloglines account private, So it no longer appears on my blogroll. If you want back in, comment!