Use your wordpress blog to aggregate and reblog all friends and sites from across the web.
This plugin creates the page "following" so for the blog "foo.com/bar" the whisperfollow page would be at "foo.com/bar/following". The page is initally private but if you open it in the page editor and make it public you can add it to menus and things.
You can add things to your blogroll using the links editor in the WordPress admin section which is recommended. You can also add things using the quick add box at the bottom of the page.