Yahoo Buzz, like Digg is a rating service where you can submit stories and rate other stories. Buzz went live on Tuesday and many bloggers lined up to submit stories of their own.

The goal is to get as much positive ratings so you can hit the sweet spot, the ‘front page’. Easier said than done, but with enough friends and fans you can get there.

“What does this mean for you? Anything you find on the Web is now buzzable,” Tapan Bhat, senior vice president of front doors, communities, and network services at Yahoo, wrote in a blog post.

Any webmaster will now be able to add the “Buzz Up” button to their Web site, Bhat wrote. If a reader wants to Buzz an article that does not have the Buzz button attached, they can submit it directly on the Yahoo Buzz Web site.

The more unique and compelling the story, the better chance your story of choice will buzz up to the Yahoo homepage.

The possibility of landing on the Yahoo homepage is the main difference between Buzz and competitor Digg. PC Magazine and its blogs were among the 100 sites that participated in the alpha trial for the service when it launched in February, and that participation has garnered a few healthy bumps in traffic.

Add the Buzz button to your web site and have your stories Buzzed up!