I'll be following Atrios' lead and retooling the site's blogroll.
I have always maintained a short blogroll, and will continue to do so. So updating it will mean many of the sites currently on it will be taken off. It sucks and it feels bad, but that blogroll is now essentially (with minor tinkering) three years old. The blogosphere has evolved since then.
My bias will be toward sites focused on electoral politics, and particularly those focused on key 2007 and 2008 races.
Despite popular misconceptions, a blogroll link isn't a major source of traffic, not even one on Daily Kos. It won't make or break a site. For the sites listed it's some sort of validation, I'm sure, but ultimately, I'm going to link to sites that I'm spending time at. And right now, those are sites focused on the races that will determine whether we lose control of Congress, or whether we expand our numbers to Lieberman-proof majorities.