Update it as often as you need to and use it to interact with your members. They will be able to comment on your posts. You can 'tag' each post with relevant search terms so they can be archived and readers can find them by theme.

You can add links as you would with a text module. As well as highlighting important passages.

Don't forget, you can amend the title of this blog, and delete this post once you get started.

Flickr image from Manassas cakery's photostream.