Well, the cat's out of the bag about the new blog from Gawker Media. We've known for a while, but have been pretty good about keeping mum about it due to this SFist's work with Fleshbot. As PJ Corkery revealed Wednesday, it's going to be called Valleywag, and it's going to be helmed by the affable Nick Douglas, who's moving on from his post as editor at Blogebrity. Last night Spot-On's Chris Nolan held......

Sfist speaking at the State of Bay Area Online Journalism panel....