The blog 24/7 Wall St. released its annual list of most valuable blogs, ranking them according to several factors, the most important being their probable sale price. Gawker Properties placed first, with a valuation of $300 million. The Huffington Post was runner-up, with $112 million, and Perez Hilton hit No. 3, with $44 million. Rounding out the top five were Drudge Report and TechCrunch .