Moderator
Jan Dembowski
(@jdembowski)
Forum Moderator and Brute Squad
Looking at that URL, Try the built in RSS widget and limit each RSS feed item to just one per blog. You’ll need one RSS widget per blog. To get that type of look you’ll need to do some CSS work but it should be easily doable.
(Sips more coffee) Also look in http://wordpress.org/extend/plugins/ as there may be a plugin that already does this.