When I get around to it, I will add a list of links to news and analysis sites on the Balkans to this page. But for now I'll announce them as I find them. This is one has been around for a while, but I looked at it today after a long while, and it has a new design and much enriched content.
Osservatorio sui Balcani offers news and commentary on the region, together with several features. My favorites are the presentation of works by Pančevo's finest cartoonist, Aleksandar Zograf (who also has his own web presentation in English), and the presentation of recent research on the region from Italian universities. The language of the site è l'italiano.
If you do not read Italian, then try L'Association française d’études sur les Balkans (AFEBALK).