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Interesting concept indeed. I like how there's no ads in line with the content (they are mis-alligned and stacked at the very bottom in IE6).
The tag line "a blackout is..." is a bit blatant, given that any visitor navigating to iBlackedOut.com is clearly familiar with the concept.
It took a bit to register that your comments were in italics under the news quotes. I'd highly recommend placing the news text in a smaller-width box with single spacing and off-color background, thus bringing your writing more attention. And while you're at it, my vote goes for making those tags smaller.
