Live Blog v1.2.0 adds two new widgets: 

Recent Posts Widget
Allows you to show recent posts from any Live Blog module on any page. 

Featured Posts Widget
Allows you to show featured posts from any Live Blog module on any page. Each individual post can now be marked as "Featured"

Live Blog Widget module has been updated to show a separate theme than Live Blog module. This allows an admin to have different presentation of widgets on homepage vs. the main blog page. 

Other new features include:
 - Addition of "Read More" link that appears underneath each post summary
 - Calculating number of times a post has been viewed. [Post:views] token can be used in theme 
 - RSS output can be dynamically changed based on query parameter
 - Ability to import from DNN SpeedBlog module

Live Blog v1.2.0 also fixes several bugs and improves overall module performance. 

See Live Blog Release Log for complete details