Goodreads
Goodreads seems to be worth checking out. It provides an easy, online way to keep track of what you are reading and recommend books to others.
(A recent commenter pointed pointed this out to me — thanks!)
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About Matt Perman
Follower of Christ. Husband of one, father of three. Former director of strategy at Desiring God. This blog exists to help equip Christians in good works, because that's what productivity is really about.
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I have an account with Goodreads, as well as http://shelfari.com and http://books.google.com/ which are also free services, but finally opted to pay for a subscription with http://librarything.com which is much more flexible. You can try it out for free, but you are limited to entering 200 books. $10 a year or $25 lifetime membership allows unlimited entries. $15 buys a small scanner which enables you to scan book barcodes very quickly for rapid entry. Librarything fills in all the relevant information about your title (Dewey, ISBN, publisher, date, etc.) and allows you any tags you may want to enter. Google “goodreads, shelfari, librarything comparison” for other evaluations.
I love these things like GoodReads, Shelfari, LivingSocial, etc., especially when they have iPhone apps (GoodReads does). As much as I love them, however, I can never stay motivated to keep them updated. I don’t know how people do it!