To applay this method, edit your blogger sites XML template (be sure to back it up first!), and click "Expand Widget Templates". Now look for the line:
<b:loop values='data:posts' var='post'>
And find the matching </b:loop> tag.
Replace them and everything between them with the following code:
<b:loop values='data:posts' var='post'>
<b:if cond='data:blog.url == data:blog.homepageUrl'>
<b:if cond='data:post.labels'>
<b:loop values='data:post.labels' var='label'>
<b:if cond='data:label.isLast == "true"'>
<b:if cond='data:label.name != "Label_To_Filter">
<b:include data='post' name='printPosts'/>
</b:if>
</b:if>
</b:loop>
</b:if>
<b:else/>
<b:include data='post' name='printPosts'/>
</b:if>
</b:loop>
Now look for the last </b:includable> tag you can find, and paste this code directly after it:
<b:includable id='printPosts' var='post'>
<b:if cond='data:post.dateHeader'>
<h2 class='date-header'>
<data:post.dateHeader/>
</h2>
</b:if>
<b:include data='post' name='post'/>
<b:if cond='data:blog.pageType == "item"'>
<b:include data='post' name='comments'/>
</b:if>
</b:includable>
Note that this code has a few bugs:
- Posts with no label will not be displayed on the main page.
- The filtered label must be the last label of a filtered post.
- If all your recent stories belong to the filtered category, your blog may appear empty.
I consider these "Features" as they suit my need over at www.luxphile.com - preventing any of my Texture labeled posts from showing up on the main page, and also hiding unlabeled "Blog this" posts from Flickr.