Yahoo! Pipes lets any Yahoo! registered user enter a set of data inputs and filter their results. You might splice a feed of your latest bookmarks on del.icio.us with the latest posts from your blog and your latest photographs posted to Flickr.
As usual, Niall has one of the best write-ups on the latest cool thing. Tough competition for the Feed Rinse guys. I look forward to checking this out in depth sometime next week when things are a bit less hectic.