Recs.
Updated
Feedly (free) gives access to RSS and other feeds on the web, and on mobile devices running iOS and Android. Feedly is available as a cloud based service, and aggregates a variety of feeds that can be shared with others.
SpecsUpdate
Pros
Pro Seamless Google Reader migration
Feedly have made it especially easy to navigate away from Google Reader.
Pro Browser extensions
Feedly's extension lets users add feeds directly from websites, but also lets users curate pages, save them to Evernote or Facebook, email, or Tweet pages.
Cons
Con Long list of paid-only features
Free features are pretty basic. It seems like all the new development goes into paid-only features. Paid features include sharing and saving options, alerts, backup, support or integrations with collaborative tools.
Con The layout isn't like Google's original or Inoreader's of which is much easier to browse and read quickly
Con Steals page views
Feedly has had issues multiple times with hijacking page views from original publishers. See: