Federico Viticci seems to think so:
Overall, Blogsy was a surprise. The app is far from perfect and it needs a couple more features to become the ultimate WordPress client, but it finally brings quality blogging to the iPad — a device that was desperately waiting for an app like this to change the way bloggers can get things done without giving up on rich content editing, and media. If you consider that Blogsy is a new app with a (hopefully) long road ahead, I think I’ll be able to write posts for MacStories exclusively from my iPad 2 this summer, even more than I already can with the current feature set. Blogsy can only get better from now on, and while we’re all waiting for MarsEdit to show up on the App Store, I believe Fomola has released a great 1.0 version bloggers should check out right now.