Newsflashr aggregates feeds from a large number of news sources, and lets you scan the headlines from those feeds as a tag cloud (what are the interesting terms which appear frequently in the headlines in those feeds) as well as in a list sorted by Alexa rank.

It’s the kind of site you can spend a lot of time in, if you’re a news junkie, playing around with different sorting options and looking for trends in the data.

Here’s the tag cloud, for example of the “elections 08″ topic as I am writing this post:

You can also switch into feed view, in which case you’re arranging feeds on a grid, as you might in something like pageflakes or netvibes.

Worth a look if you’re a news junkie or just obsessed with the upcoming election.