First of all, over the last three weeks, the user base for Strands has grown significantly. For example, Drew Olanoff, the site's community manager, has seen the number of people he follows rise from 78 on August 23rd, to 193 today, an increase of almost 150%, following increased visibility. And the site's default "Strands" account shows 267 followers today, making it the most-followed account, though it's not clear what percentage of total users continue to follow it upon signing up. While that's not the tens of thousands said to use Twitter and FriendFeed, for example, it's a start, and the growth rate is good.
Also in August, I said Strands needed to better highlight the "Home" feed, which shows updates from those you follow. Today, they made this "strand", the center column, have a much higher level of visibility, making it the core of the site, as they should.
Additionally, in line with my suggestions, Strands cleaned up its interface by removing lightbox elements, and added a new "share something" box, to let you post content directly to the site.
While it hasn't yet gotten the buzz of some other social aggregators and lifestreaming projects, Strands is quietly going about making a product on par with the market leaders, letting the community find new content and people, and enabling micro-conversations. If you're interested in getting into Strands, and seeing their latest updates, you can find me here: http://www.strands.com/louisgray. If you're lacking an invite, send me an e-mail to louisgray@mac.com, or leave your e-mail address in the comments so I can set you up.
DISCLOSURE: Drew Olanoff, the Community Manager at Strands, is also the CTO of ReadBurner, where I am an advisor, and hold a small equity position.