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Press is my favourite.

Used to be a gReader pro user until press was launched and think both are good but press has the edge.
 
Google Currents
Pulse
Flipboard

Are my favorites. You can add your google Reader RSS subs, and add more from their suggested ones too.


And for read it later purposes I find pocket very good.
 
Google Currents?

You can import your existing rss feeds to Currents.
 
Currently using Google Reader. I dont need complicated reader. Most probably will move back to Opera Mini feeds which loads very fast (and uses much less data and hence not so heavy battery consumption)
 
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