You can still subscribe by email if you prefer that way as well. (Upper right-hand corner)
I never had many followers but what i did have were some quality peeps who have stayed with me for quite a long time and that I am very much appreciative of.
I feel bad for those who make a living off of their blogs, because one of the factors that they use in ad pricing are how many GFC subscribers they have. That sucks for them. I think it's just another ploy to get us all to use google plus and I just can't with that yet. I am on it but I don't use it. I'm not a fan.
Well, I hope some don't completely fall of the earth because of this.
Do we think they will ever get rid of Blogger all together? Gawd! I hope not, but I wouldn't be surprised.