This "thing" took me a couple of days to do because I did it in small increments. I guess it's better for my retention--lol. I haven't been going to my RSS reader on a regular basis but I have it linked to my iGoogle blog so I see news updates there. I've organized my feeds into: News sources and Databases. Feeds that don't fit into those categories stay in the default unnamed area.
As for Delicious, I like to see what others in my areas of interest are finding on the web.
I feel like I'm still a newbie at all of this so I don't have any recommendations or suggestions at this point.