OpenID is great because it allows you to use a single account to sign in to multiple sites without worrying about passwords. The system has been developed by Brad Fitzpatrick for LiveJournal (Brad now works at Google).
Some important companies and sites that provide OpenIDs: AOL, Orange, WordPress, Six Apart and others. If you have an account at any of these sites, you also have an OpenID. Unfortunately, very few important sites lets you authenticate using an OpenID.
To enable the OpenID integration in Blogger, you need to visit draft.blogger.com, edit the Settings for your blog, choose the Comments tab and select "Anyone" (allows anonymous comments) or "Registered users". I enabled OpenID for this blog, as you can notice if you try to post a comment.
Hopefully, this is a small step for a full integration with Google's authentication system.