Snarfer
Excellent
Full user review
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"Excellent from Keep it Simple point of view"
Pros
Quick and easy to download.
Usable without getting down into the technical details.
Easy to add the feeds you want to add. Click on the "plus" icon a.k.a. "New" and put the url of the blog or whatever you want feeds from.
Easy to unselect the feeds you don't want.
Folder structure let's you put your blog feeds into Blogs folder, etc.
Works great on my windows 7 box.
Display window is easy to use.Cons
I wish it had a very simple "how to" on the basics.
Summary
Easy to use application to capture the feeds from all the blogs, etc, that you want to stay aware of.