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Fun-loving millionaire Jason Calacanis (right) is not joking: He's quit blogging. In a quickie phone call, Calacanis told Valleywag that he felt blogging was taking too much time away from both his work and his family, because of the blogosphere's always-on, why-haven't-you-replied-it's-been-5-minutes nature. Instead, Calacanis is posting his thoughts and observations to an old-school mailing list. He says the list has gathered 500 subscribers since its launch last week. Don't worry, you haven't seen the last of blogging's fair-haired boy. I just subscribed tips@vallewyag.com to the list, and I give it a week at max before someone sets up an automatic system that reposts every one of Calacanis's emails — to a blog. (Photo courtesy of Jason Calacanis)