Blogger is now updating their status pages and they seem to be managing their problems more methodically. The situation is dire for those of us with a thousand or more postings. If the Blogger router assigns us to a troubled server we're dead in the water:
...What we are seeing is that individual application servers will trend toward 100% CPU usage over time - simply, the appservers get pegged and users on those servers encounter paralyzingly slow load times ...This last fix sounds potentially promising. I'll keep my digits overlapped.
Users with more than 500 posts are also being severely hampered at this time. We believe this is due to an improper use of system resources when users of such blogs either access the Edit Posts page or attempt to publish. We will be testing a potential fix to this problem over the next couple days and hope to push it to production early next week. Because of the extent of the change, we need to fully assess the impact on the service before deployment.