In case you were wondering; this is what LJ is working on...

LiveJournal's leadership has made it clear that their future American business strategy lies in generating new traffic rather than catering to the service's current small-but-loyal membership. The challenge for Petrochenko and other executives at LiveJournal will be redefining the brand's identity in a crowded media marketplace.

Full article, that was linked to by LiveJournal's own Twitter:

Fast Company reveals what to expect from LiveJournal in 2012!