Blogspot on Your Own Domain
Good news Blogger fans, the new version of Blogger now gives you the freedom to have your own domain name, in lieu of the traditional .blogspot.com subdomain. Getting your own domain name doesn’t mean that you’ll lose all your loyal visitors and search engine ranking, your blogspot.com address will be redirected to your new domain. Google will continue to host your blog post and pictures, so you don’t have to worry about web hosting at all.

You can still opt-in for FTP publishing, but you’ll miss out some great features and end up paying a hosting bills. Now, I can sense some competition between WordPress and Blogger.