Hacker News Reader

As discussed on HN: http://news.ycombinator.com/item?id=1834305

It has folders, hotkeys, and I think I like the layout more than Google Reader (I'm still in the early stages of switching over).

Also open-source (http://github.com/samuelclay), actively developed, and social features coming soon (within the next 2 months). And of course, a history of shipping.

You can add/edit feeds or import an OPML file at http://read.subpug.com/#subscriptions

I agree, but it's still missing folders. Oh, and this is something I forgot in my first point, where is the ecosystem. It's a nice new RSS reader, but it's web only. I use a couple different clients in connection with Google Reader. These guys are starting with nothing.