As you may have heard elsewhere,
LJ today laid off a large portion of its staff. Alarmingly, they did so without providing a severance package (or more than a week's notice), which speaks to fairly dire financial straits. (The Valleywag report that it was more than half the staff is wrong, but it was also far above the near customary Silicon Valley
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I don't think LJ will die in a big kaboom, but through slow attrition, but either way, I don't want to lose all the odd corners of fandom I have found here.
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A tutorial on how to configure your Semagic to cross-post is available here: http://snapetoy.greatestjournal.com/16797.html )
ETA: Oh, yeah, and here is brown_betty's fantastic tutorial on re-uploading your LJ to another server, so that everything you've already posted will be safe and waiting for you: http://brown-betty.livejournal.com/284083.html
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Also, interesting note about edited comments. I'll have to check that when I back up tonight.
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another option for mac users who, like me, are fairly incompetent with python is xjournal
it's an lj client that will also archive all your entries (but no comments) for you. go to window -> history and you can dl your entire journal.
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