PANEL 3:

Glenn Reynolds: Bloggers are not likely to be sued for libel [because they're mostly poor schmos], but that might change.
Eugene Volokh: Many laws protect free speech above and beyond the First Amendment.
Eric Goldman: Bloggers should be afraid . . . very afraid -- co-bloggers can be liable for each other's posts. [In other words, don't trust your co-bloggers -- got that Kaimi, Dave, and Dan?]
Besty Malloy: The law must do a better job protecting anonymous speech.
Daniel Solove: We have a romantic conception of the blogger, envisioning someone like Eugene Volokh, when many bloggers may be more akin to Jessica Cutler who blogged about her sex life. [Solove had so many profound things to say, but unfortunately, I wasn't paying much attention.]

PANEL 4:

Larry Ribstein: Blogging can help you be a public intellectual.
Ann Althouse: Stop asking questions; stop making rules; just blog.
Christine Hurt: Blogging without tenure has some risks, but they are outweighed by the great benefits, such as networking and getting known in the academy. [You might not get tenure, but you'll know a lot of people with tenure who will feel sympathy for you.]
Howard Bashman: Blogs are great publicity.
Peter Lattman: Journalists read and learn from blogs.

CONCLUSION:

Charles Nesson: Ok, get the hell out of here and crawl back into your caves. . .

And that's a wrap. It was great to meet bloggers in person rather than in pixel. It was an interesting conference, although there were no paradigm-altering insights. Nobody is prepared to give up writing law review articles in lieu of blogging, although Orin Kerr resolved to write only 18 articles per year rather than 20 to make time for his blogging.

Basically, here's what we learned:
1. Law review articles are long; blog posts are short.
2. Blogging is fun.
3. Blogging can be scholarly, except when it's not.

Conference papers are here.

UPDATE: Beyond the live blogging linked to above, there are a lot of good recaps about the conference sprouting up around the blogosphere. If you want a more serious discussion about what people said (beyond my silly caricatures), be sure to check out Roger Alford's terrific compendium of quotable quotes; Doug Berman's historical reflections on the conference; Eric Goldman's thoughtful recap; Orin Kerr's reply to Larry Solum's critique of his talk; Tim Armstrong's very detailed summary of the conference presentations; and Michael Froomkin's comprehensive collection of links to discussions about the conference.

Finally, I want to note that in all seriousness, this was a terrific and interesting conference. Paul Caron deserves a round of applause for bringing us together to reflect upon the role of blogs in legal scholarship. It is definitely very worthwhile to take time to think about what we have been doing and how we should be blogging in the days to come.