I haven't figured out a way to manage Google Reader. I tried using Fever, but it doesn't find news that matters to me... and it cost $30.
I would like a feed reader that saves favorite feeds for me, and finds other content that is similar and interesting.
A new product called Parse.ly caught my eye that makes content discovery a painless process.
You can add interests and categorize them by how much they matter to you.
The interface looks like GMail to me, and it's easy to browse the headlines and blurbs.
Some things still need some tweaking, like the ability to rate content and tweak the algorithm, but I'll stick with this product for a while. It's fun to update the queries in your "interests" section and see how the stories differ.
If you are interested in trying this new product, use the invite code zdnet when you sign up.