Tumblelogs are a good way to annotate and clip items from the Internet. Now, with a service called tumblr you can make a scrapbook like blog of interesting videos, photos, quotes, and links from your journeys around the web. Tumblr automatically pulls down your del.icio.us items and posts those, too, if you’d like to keep everything centralized. Check out the letterneversent tumblelog for an example.
If you like your content to be centralized, I think you should check out http://www.spokeo.com.