As a participant in last year's Nanowrimo initiative (and who is bowing out because - well - I've got job searching to do), I would like to strongly encourage and promote this fine activity. (And if you ask nicely, I'll make my first - and only - draft novel available. It's a pulp pastiche that is a smart reminder that - let's face it - anything worth doing could use revision).
First, if you haven't already, begin reading Greg's novel. (He's the same guy who brings you Latin-named blogs, and occasionally reminds us that comics should be good).
Also, if you are working on a Nanowrimo novel as a blog, please mention it in the comments. I will do my best to get people reading them.
Thanks, and good luck!