It slips my mind who it was, but someone in class had a great idea of an online newspaper or "e-zine"
I stumbledupon this and the concept seems similar similar or at least would help augment the idea proposed in class. The gist is that you create a personal newspaper from your RSS and Atom feeds. It allows you to create a personal one for yourself or to publish one for others consumption.
Whoever had the idea, please comment and let us know how this fits in with your vision and how you think they could improve upon the idea. Maybe this is a totally unrelated idea from yours but I think this is still a cool concept.