I don't think anyone has said there is anything wrong with Blogger.
What some people may have said as far as any negatives go, is that it's much better to have your own blog on your own domain, because then you own the content. Also when you have a blog hosted on Blogger or elsewhere, some change in the rules or glitch on their end could take your whole blog down and you loose everything.
Having said that, I think blogger is a great place to START. Just to test a market for free and to start to get a little traffic since search rankings will typically be much better on Blogger (or Squidoo or Hubpages) than they would on a brand new domain that had no links.
So I'd use Blogger as a stepping stone, then once I was certain it's a niche I wanted to pursue, I would start a blog on my own domain, keep some content on blogger and continue to add some articles, but link to the new blog on your own domain and then gradually transition over.
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