Really, so there's no trademark or copywrite infringement? I've seen blogs out there already, example, catblogspot.com.... but some others use a redirect... I just want to make sure before I buy it.
Well, you did ask if it's okay instead of, say, there are no problems. Heh. Kidding aside, there indeed can be problems like trademark as you said. While I haven't seen Google filing any dispute for the term blogspot, I don't know who wants to be the first.