Like other readers you can mark/unmark stories, save, email stories, also read a river of news by clicking on a folder.
Feedable has different reading views: full-text, links, and meme.
When you click on the “Discussion” link next to a story it will expand to a cluster of related items from the blogosphere (based on inlinks).
The link “More Like This” will fetch similar items from the blogosphere, this differs to “discussion” as these stories are not necessarily linking to the story.
Unlike Feedeye, this isn’t clustering related stories from with my feed subscriptions only, and therefore isn’t ranking stories from my OPML with the most clustered items on top.
I’m not even sure if it is ranking stories based on how popular they are in the blogosphere or if stories are just date-based (latest view).
They have a section called “Hot right now”, basically the most popular of the latest stories according to the Feedable community.
[ADDED 12/04/07: Add items to your public clip blog]