Can Somebody Out There Tell me what in the world this says???

Have you noticed the Blogger News lately?  I hardly ever even look at it but I just happened to click on it.  I am very dense (as you already guessed) but  was this definately written by a lawyer that was paid by the word.  I haven't any idea if this means we will no longer have blog access after March 10th?  I have received some messages saying they are losing their followers since changing their blog.  I pray this does not mean I will loose all of you during this transition!!  I NEED you gals and would hate to have anything interrupt our lovely groups.  Can someone tell me what this means? 
My husband has read it and he didn't understand what my blogging buddies, followers, links, etc. were about even though he is pretty computer literate (unlike his wife).

I am concerned! 

"Important Note to FTP Users

January 22, 2010 — permalink

Last May, we discussed a number of challenges facing Blogger users who relied on FTP to publish their blogs. FTP remains a significant drain on our ability to improve Blogger: only .5% of active blogs are published via FTP — yet the percentage of our engineering resources devoted to supporting FTP vastly exceeds that. On top of this, critical infrastructure that our FTP support relies on at Google will soon become unavailable, which would require that we completely rewrite the code that handles our FTP processing.



Three years ago we launched Custom Domains to give users the simplicity of Blogger, the scalability of Google hosting, and the flexibility of hosting your blog at your own URL. Last year's post discussed the advantages of custom domains over FTP and addressed a number of reasons users have continued to use FTP publishing. (If you're interested in reading more about Custom Domains, our Help Center has a good overview of how to use them on your blog.) In evaluating the investment needed to continue supporting FTP, we have decided that we could not justify diverting further engineering resources away from building new features for all users.



For that reason, we are announcing today that we will no longer support FTP publishing in Blogger after March 26, 2010. We realize that this will not necessarily be welcome news for some users, and we are committed to making the transition as seamless as possible. To that end:



We are building a migration tool that will walk users through a migration from their current URL to a Blogger-managed URL (either a Custom Domain or a Blogspot URL) that will be available to all users the week of February 22. This tool will handle redirecting traffic from the old URL to the new URL, and will handle the vast majority of situations.

We will be providing a dedicated blog and help documentation to provide as much information as possible to help guide users through the migration off of FTP.

Blogger team members will also be available to answer questions on the forum, comments on the blog, and in a few scheduled conference calls once the tool is released."

I know somebody out there knows the correct answers and interpetation of this.  Please explain in terms even I can understand.  Thank you so much!!!

Sharon

p.s.  Does anyone know where the

spell check

went to on the "compose posts"?