Good question, which I'm finding surprisingly hard to answer. (i.e. I've spent more time composing this comment than is perhaps reasonable, struggling through several false starts).

Here are some strategies/behaviours I use: expand and winnow; scorched earth; independent confirmation; obsession.

• "expand and winnow": after finding an information source I really like (using the term "source" loosely, a blog, a forum, a site, etc.) I will often explore the surrounding "area", subscribe to related blogs or sources recommended by that source. In a second phase I will sort through which of these are worth following and which I should drop to reduce overload
• "scorched earth": when I feel like I've learned enough about a topic, or that I'm truly overloaded, I will simply drop (almost) every subscription I have related to that topic, maybe keeping a major source to just monitor (skim titles and very occasionally read an item)
• "independent confirmation": I do like to make sure I have a diversified set of sources of information, and see if there are any items (books, articles, movies) which come at me from more than one direction, especially if they are not "massively popular" items, e.g. I'd discard a recommendation to see Avatar, but I decided to dive into Jaynes when it was recommended on LW and my dad turned out to have liked it enough to have a hard copy of the PDF
• "obsession": there typically is one thing I'm obsessed with (often the target of an expand and winnow operation); e.g. at various points in my life I've been obsessed with Agora Nomic, XML, Java VM implementation, Agile, personal development, Go, and currently whatever LW is about. An "obsessed" topic can be but isn't necessarily a professional interest, but it's what dominates my other curiosity and tends to color my other interests. For instance while obsessed with Go I pursued the topic both for its own sake and as a source of metaphors for understanding, say, project management or software development. I generally quit ("scorched earth") once I become aware I'm no longer learning anything, which often coincides with the start of a new obsession.

My RSS feeds folder, once massive, is down to a half dozen indispensable blogs. I've unsubscribed from most of the mailing lists I used to read. My main "monitored" channel is Twitter, where I follow a few dozen folks who've turned up gold in the past. My main "active" source of new juicy stuff to think about is LW.

(ETA: as an example of "independent confirmation" in the past two minutes, one of my Agile colleagues on Twitter posted this link.)