http://www.typepad.com/
Typepad is essentially a hosted version of Movable Type, with some differences
Pros:
Cons
Pricing: http://www.sixapart.com/typepad/compare
Design customization is extremely limited at the Basic level and only fully accessible at the Pro level. If you want to run a group blog, or give some people editor access and others publishing access, you must go with the Pro account.
Typepad Plus and Pro do a better job than most blog software at allowing you to configure layout options without having to go into the templates.
Examples: