Technorati

I don't get what Technorati is about. I blogged last night about losing weight, right? They claim they index blogs, right? Yet, if I go there and search for "Losing Weight", I get three pages of entries that don't include mine. If I search for my name, I get "No results found". So am I not indexed? If blogs aren't being indexed, what's the point of Technorati? It's not like spiders can't find this page. Now, if I don't show up because I don't have anyone linking to me, that's cool; but I wish I could find that information out somewhere on the site. I even went there and "Claimed my blog" one day, I think. Username and password are long lost. So what are they doing over there? Anyone know?