Earlier this week, I jumped the gun and wrote about the Ink Blogging Tool going into Beta 2 Testing.  I thought it was a powertoy because Matt had been working on a OneNote to Wordpress powertoy.  However, this is not the case.  First, the Ink Blogging Tool was created by Ed Holloway.  Second, it is not a powertoy for OneNote but a plug-in for MS Live Writer.  The plug-in IS going into Beta 2 and can be found here.  No word if the plug-in will support OneNote and I will check with Matt about his powertoy.
Thanks Ed for correctin my mistake.