It's even worse than, "So many books, so little time."

The most recent thread start at http://www.nielsenhayden.com/makinglight includes mention of or a pointer to the BBC mentioning that the current estimate of the number of blogs is 200,000,000.

...years ago at a Chicon I calculated that one could spend one minute of one's awake time talking to each person at a Worldcon, during the course of the convention, and that was for a mere 6000 or so people.