From what I've seen so far, the RSS feed is basically a web page that updates at a certian time interval. So, I've subscribed to Caitlin's blogspot RSS feed. I have a bookmark in my favorites for her RSS feed, and when I click on it, it takes me to a webpage that lists her blog (but is not actually her blog). I have the feed set up to update once a day with the option of updating more often. There might be more features, but I havent played with it enough yet.
The NavBar is the very top of the blog. It is not working for me. I can sign in, and update my blog, but it messes up and will only show in the very top 1/2 inch of the screen (which is the NavBar - where the blogger logo is). I have no idea why it does that and after looking on the blogger help pages, I think I'm going to ask the question to the support team. Has anyone elses had problems with the 1/2 inch blue logo thing at the top of your blog?
I also havent seen a better way to network with this blog. I'll keep trying it out and keep you guys updated!