There’s an item on PressThink written by the woman who writes/runs H20town, a blog for and about Watertown, MA.  It’s an interesting look at the motivations and rewards for someone who’s not a professional journalist but provides hyperlocal coverage of her town’s business anyway.  She brings up some great points about how people like herself aren’t necessarily motivated in the same way that industry "pros" are, and she also asks some good questions about the future of the news business.