I assume the expansion comes from infusion of Yandex funds. I hope it helps them expand their index, and perhaps shake up some internal philosophy too. We really don't have many other alternatives.
I think outside of the US it was missing huge amounts of sites/data.
I've felt that
inside the US, it was missing huge amounts of sites/data too. When I asked a Blekko booth guy about this a while back, he said... very self-righteously... that that's because they don't index spam. It was hard to have much of a discussion beyond that, except to suggest that not all that was missing was spam. There's also zero documentation for a lot of Blekko features.
All that said, I've liked some of Blekko's search and SEO data, and it's led me to information I wouldn't have found otherwise, but I can't rely on them for day to day search. I haven't run any major tests since the announcement of the expansion. What I have tried hasn't shown a major change. I'd like them to achieve enough critical mass to be a useful tool.