I just read Steve Rubel's posting on some tips of managing your information/social streams.
Lifehacks: Three Tips for Managing the Stream Before it Manages You
This post deserves more time and attention, but responding to Steve's points, here's what I personally do in my case.
1. Yes, I too turn to curators of information. I use Tweetmeme.com & subscribe to some feeds through Tabbloid.com site which comes into my email. I will now look if checking out sites like Tweetmeme.com and ReTweet.com might help me curate some information for my needs.
2. Long back, when RSS was a hot topic and when reading everything through RSS was a trend and when there were way more important and quality blogging going on, I subscribed to more then 1000 blogs. I have since then unsubscribed from many of these blogs using Google Reader as my reader of preference. Yes, I don't read even 10% of those blogs these days. Instead I have created labels for the things that I want to read and just pull that labels in Google Reader to read the feeds in that label.
But as Steve points out, I don't mind creating a personal database of things that I might be interested in future. Things are one search away from me, just in case I need it.
3. I try to catch up on my social/information streams where I can. It might be in the trains, office breaks, stations or just through the ad breaks on my couch. I try to make the most of my time. Instead of Instapaper.com [and hence another app], I have stuck to a service called Toread.cc. I like something which I want to read later on, I click on Toread bookmark and it will email that page to my inbox where it is auto labeled as "To Read" and I read these emails when I have a chance.
What do you do to manage your information stream?