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OneSpot’s system finds top stories for a specific topic area by evaluating story linking patterns across the Web. This approach allows providers to complement their content without requiring a large existing archive of previously published work.

From LouisGray.com:

Already in place at the Wall Street Journal and the Washington Post, as well as some more vertically-oriented sites, OneSpot enables anybody to leverage the services more than 250,000 RSS feeds to design and configure a personal meme, simply by starting with a few trusted RSS feeds, and letting OneSpot do the hard work of finding similar feeds on the same topic, and then determining the most popular content.

The result is a highly customizable personal memetracker that can be displayed on a full Web page or as a widget, drawing from the criteria you set, and publishing as frequently as you would like.