Constantly Trying to Get More Web Traffic

For those who manage a blog or website, wouldn't you say that you take a certain sense of pride and accomplishment to know that you have many readers who are following your regular rambling thoughts or enlightened ideas? This being something like one of a half-dozen or more websites I have my hands in, I find that I am constantly trying to capture every little piece of web traffic I possibly can, whether it be through heavy link sites like Technorati and del.ici.ious or by just plain "word-of-mouth" (finding a few other blogs to read and making sure you comment on them).

With that being said, what would you suggest I do to increase web traffic on the sites I manage, including this one?