I feel that the way that pages get ranked – whether it’s a website or blog (and the lines are getting blurrier every day!) don’t always tell the full story.

For example, I know of blogs that have thousands of readers per month, yet are still fairly “low” on the likes of Google Page Rank and Alexa. Do these sites take email subscriptions and feeds into consideration?

After all, if someone subscribes to your blog via email, surely that should count as an inbound link – yet because it’s not “physical” like a pointer from another blog is, then does it not count? Even though it could mean a much more authoritative blog than one that Technorati loves?

Well, I don’t work for Technorati so I can’t answer this question professionally , sorry.
http://ajustlife.com/blog/ is this your blog web address? When I searched this url in Technorati I only found two inbound links.
Also, Technorati checks for the freshness of each of the links and adjust the authority over time (I think that every very few month).

I too have few more inbound links than my authority number is but some are splogs (spam blogs) and some are a little old (no more than 5 month old).

I think that in our case where the numbers are small any single link makes a big difference to the accuracy of the rank and authority and can skew the results significantly.

For blogs with lots of blog reactions and high authority if Technorati did not count a link or two it has negligible effect on the calculations.

Bottom line is that maybe Technorati algorithm is not 100% accurate but in the grand scheme it does the work floating great blog posts and bloggers, it allows you to monitor progress and compare blogs popularity.

I wish you many more inbound links to you your blog…
Keren