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		 Boobster, since you want to keep the old blog alive, 301 redirect is off the table. Duplicating content is also a no-no. It won't lead to a penalty but it will mean duplicated content on your new domain will probably be filtered out due to lower PageRank. 
 
My advice: Put new content on your new blog. 
		
	
		
		
		
		
		
		
			
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