How to syndicate your blog
Syndicating your blog means making the content available via an RSS feed. An RSS feed is a kind of link you put on your blog so that users can read your blog in a feed reader such as Bloglines. You can find the site feed for this blog at the bottom of the sidebar on the right. If you wanted to read the 40 or blogs created for this project, you'd normally have to visit each one in turn. This would take a long time. However, if you subscribe to the feeds of these blogs using a feed reader, you can view the content of all those blogs in a single window. It is therefore a much quicker way of tracking and viewing multiple blogs.
To put an RSS feed on your blog, first go to Settings and copy the URL you'll find under Site Feed. Then put the feed link in your blog sidebar by creating a link in your blog template.
To subscribe to a feed using Bloglines, you first need to set up an account. Once you have done that, go to the blog you want to subscribe to and copy the URL of the blog feed (right click on link and copy shortcut). Return to Bloglines and click on My Feeds > Add. Enter the blog feed URL and voilà, you've subscribed. Repeat for as many blogs as you wish to subscribe to. You can organise your feeds into folders (Choose action > Move to: New folder), in which case all the blogs in a given folder will be displayed in a single window.
I've tried to keep this explanation as simple as possible. To find out more about RSS, see this tutorial.