The ability to moderate comments as they are added to your blog can be very handy if you want to catch any comment spam before it reaches your page or if you'd like control over the kind of messages people can leave on your blog. You can find the comment moderation setting on the
Settings | Comments tab, along with all of the other comment settings:

Selecting "Always" will automatically enable comment moderation for all incoming comments on your blog. You may also choose to moderate only older comments by specifying a number of days in the "Only on posts older than" setting. Selecting "Never" will disable comment moderation for this blog.
Enabling comment moderation then drops down an email form. This lets you moderate comments via email without affecting your regular comment notification setting. It is optional, since you can always moderate comments through the Blogger interface.

So enable comment moderation from one of the first two options, enter a notification address if desired, save the settings, and wait for your next comment. All incoming comments will now go to a special "Moderate Comments" page, which you can find under the
Posting | Moderate comments tab:

On this page, you will see a list of all the comments that have been created but have not yet been approved or rejected. (This list excludes any comments made by admin members of the blog.) By default, they will be