I've decided to do this annually as long as there is still an interest!
Last year, what I did was set up a MckLinky for all who wanted to participate. You entered in your blog address and then you choose 10 blogs (a day) from the list to comment on each day for one week, so by the end you had commented on 70 blogs (you can comment on the same one more than once or comment on 70 unique blogs).
Many of you sent me great feedback on how you met new blogger buds and gained new followers.
So, if you are interested in me doing this again this year, please leave a comment on this post. If there is enough interest I'll put up the bloghop either this week or next.