One thing that I really like about WordPress.com blogs is the blog stat part of the dashboard. Simple and straight forward. Now, Automatic has made a plug-in available for non-Wordpress.com hosted blogs (that are running WordPress, of course) to get the same stats. You just need to put in an API Key (which you’ve already done if you’re using Akismet for spam handling). To see the stats, you need to view them at a WordPress.com global dashbard instead of on your own site’s dashboard. The plug-in will give you a link to get where you need to go.
It takes a few seconds up install the plug-in by uploading one file to your wp-content/plugins/ folder. 20 minutes later, and stats are coming through thanks to a tiny little image file (looks like a smiley) that loads at the bottom of the page. If you are logged in to WordPress.com, your visits won’t count, which is good.
I still have my OpenTracker account which gives me historical trends and browser data. But this is quite nice on a daily basis, with no load on my hosted server.