From a reader, without comment:

Jonah,
I took the Merriam Webster dictionary definition of โ€œp$nis envyโ€ and substituted every mention of it with โ€œblogโ€ and have come up with a suitable definition of blog envy. I think this applies to the folks at MSโ€DNCโ€ and their โ€œhardbloggerโ€ (Which, as Chandler from Friends would say, presents โ€ฆ too โ€ฆ manyโ€ฆjokesโ€ฆ)
Main Entry: Blog envy
Function: noun
: the supposed coveting of the blog by a human which is held in Freudian psychoanalytic theory to lead to feelings of inferiority and defensive or compensatory behavior.
And the Tolkien geeks thought they needed a hobby.