4 ms·
http://www.seomoz.org/blog/subdomains-subfolders-and-toplevel-domains http://www.seomoz.org/blog/subdomains-subfolders-and-toplevel-domains (these guys are the
by webwright 19y ago
http://www.seomoz.org/blog/subdomains-subfolders-and-toplevel-domains http://www.seomoz.org/blog/subdomains-subfolders-and-toplevel-domains
(these guys are the best and most-open SEO resource I am aware of- their ranking factors article is simply awesome)
I'd do a bit of reading on this and see if you can find some consensus. I don't think you'll find a ton of SEO experts here (though I might be wrong). Lots of opinions to be had at http://www.google.com/search?q=seo+subdomains&btnG=Search http://www.google.com/search?q=seo+subdomains&btnG=Search
For the record, I think the /blog option is the way to go (and I've had SEO somewhere in my job description for about a decade).