We just published a new premium plugin – Default Blog Pro – a must-have for all multi blog network admins.
What the plugins does
Add default settings for all new blogs created in your blog network. Create a blog and use it as a template for all new blogs you create in your WordPress Network installation.
With Default Blog Pro you can duplicate the following settings:
Get the plugin here: http://themekraft.com/shop/default-blog-pro/
Hope this plugin saves you a lot of time! ;)
Let us know your thoughts or ideas about this.