I generally do not pass these sorts of things on, because in my opinion they are just social computer viruses. However, it has made me realize something interesting:
I have really been avoiding reading too many other blogs.
While there are many excellent blogs that I enjoy reading when I see them, there are very few that I make a habit of reading, unless I really cannot find anything original to blog about (hence my occasional Links posts.) With what spare time I have, I prefer to pore over Arabic autotranslated sites or obscure Google News queries to find stories that others miss.
That being said, here's how I would answer - although I don't think anyone will be surprised:
Soccer Dad, who amazes me with his memory and ability to grab articles from everywhere to support his themes, all while giving a great analysis. Not to mention his very accomplished co-bloggers, Daled Amos and Judeopundit.
Israellycool, where I co-blog. Aussie Dave is informative and amusing.
Treppenwitz, who is not only a great blogger but also a great writer.
Shrinkwrapped, a psychologist who does a fair amount of analysis of the Arab and terrorist psyches.
Israel Matzav, who is essentially a one-man liveblogger of anything that happens in Israel.
Augean Stables always has great, well-thought out posts.
And my last entry will be three blogs that are associated with organizations rather than people: Contentions at Commentary Magazine, the MEMRI Blog and Backspin from Honest Reporting.