Check out bloglovin'. www.bloglovin.com I've been meaning to get around to finding a replacement, but yeah, just not high on my life's priority list lol. One of the blogs I follow just posted that's where she's going and I've been a member for all of 5 minutes and I like it better than Reader. I really like that you see a preview of every post, with photo and title, before you click. Best part: it imports all your blogs from Reader and you don't have to do a thing!
I like it... but I'm always super lazy and don't click through all the blogs anymore to read the rest of the post. I loved that on Reader I could read them entirely there (or at least MOST of them). Plus, it made it easier to stalk blogs without giving them a pageview
I hate having to go to the site to read each post especially since I have so many I just skim for the photos (separated out so I know what to read and what to skim). It just takes too long to load up every random blog with all the added columns of junk and ads on the side. Feedly lets you read everything in the reader like Google Reader did and you have a lot of customizable options on how you want to view/preview the posts. It's been super fast and straight forward so far! Also it kept all of my unread posts from GR if anyone is worried about loosing them like I was.
I don't like Bloglovin' since I don't like having to go to the actual blog to read the post. that's what I loved about Reader... the entire post was there. when some blogs changed their format to where you have to click to go to their blog to read the rest of the post, I usually would just skip over them.
I really like The Old Reader. it's very similar to Reader and I like it so far.