Blogger creates RSS OK, with basic title / description / link tags only, but has no subscription / syndication service (yet). I’m just gathering some useful links to other RSS resources here.
VoidStar’s RSSify does no more than Blogger, but at least you can apply it to existing archive pages.
Meerkat at O’Reilly
And whilst I’m on the subject what about linking / backtracking
TrackBack Seems to have died a death ?