Most blogs, esp WordPress ones have the 'nofollow' tag, so it's good for organic traffic, but doesn't benefit you backlink-wise.
I get my sites indexed within 24-48 hours, usually by backlinking from one of my other PR5 sites.
Failing which you could register for a technorati account if you've a blog, or create a squidoo lens and point it to your site.
Other things to do include submitting articles and press releases.
There're also a number of grey/blackhat things you can do, but I wouldn't suggest doing them till you master the fundamentals.
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