Advanced recent blog widget for CMS

[socceronly]

I would like to put previews of the most recent x blogs on my home page.

The current Blog Widget only puts a mini avatar and a few words.

Pardon my stupidity if this is already possible, but I have searched to no avail....

I would like to have a widget made that would display something similar to the previews of the blog page. Instead of sitting in a sidebar, it would sit in the wider main content area.

Preview Image
Text snippet
xx Comments
Read More

If possible...
Turn avatar on/off
Turn Blog Title name on/off

Can anyone give me an idea what sort of Bounty would be appropriate for such a Widget?

Thanks,
JM