What’s more than a blog and less than a Web site? A Squarespace, apparently. According to Caroline McCarthy at Webware.com, Squarespaces are what result when users of a content management system (CMS) developed by a Manhattan startup located in the heart of Silicon Alley use it as a platform for online publishing.

The Wall Street Journal Online thinks that “This is the kind of software the internet has been crying out for.”

What do users get for their money that isn’t available for free elsewhere? A robust CMS, an elegant user interface, beautiful template design and AJAX-enhanced click-and-drag functionality, in both case significant improvements to what Blogger (and certainly MySpace) currently offer, though Wordpress and Movable Type are worth considering for this sort of thing as well.

Potential users of Squarespace include small businesses, entrepeneurs, political campaign, educators and anyone else willing to pay $7 to $17 per month, as you’ll see in this gallery of featured users.

You can learn more at Squarespace.com and see a great example of the software in action at the Modern Girls Kitchen.