A new site called Spotplex launched recently and it has a different way to find highly rated sites different than the way Digg does. Instead of having users rate your site like Digg does, your site is rated by how many views a certain page or post receives. The more views the higher rated your page or post receives. This is done by the webmaster putting a small java script in the page and whenever it is viewed it gets counted by Spotplex.
The results on their site look similar to Digg, showing very popular content, latest content, or by tags or publisher.
The first thing that comes to mind is how they are going to handle the possibility for abuse or mislabeling. Hopefully they have thought this through carefully and have devised some ways to handle it. They also do not have a place to comment on the post, like Digg does To comment you would have to go to the original site and page. This is great for the original site because it forces people to go back to the originating site to make comments. Not too great for the user, most like to comment directly at the post, like Digg does.
They are taking only 1,000 blogs right now, and is still in Beta. I can definetly see a problem with the loading speed of the site. They will need to fix this right away if people are going to stick around and they are going to grow. They also have several different ways sites can create widgets or embed code into their own page to show specific posts based upon a selected criteria. They also have added RSS feeds to the site. But, again the feed is very slow to load.