Sue, over at An Aussie Bandster just posted an awesome tutorial on how to get your follower profile to show your blog's link if you are signed in to follower a blog with your Blogger profile.
Recently, I had the same problem, but I did what Sue was talking about in her tutorial and I still wasn't able to see my blog's link. I found out that I was following blogs with my Google profile and there is no way for that profile to show your blog's link. So, my tutorial shows you how to change your following profile to blogger's profile so that your blog's link shows up!
I hope this helps some of you guys out! I know I was confused for the longest time.
If you need a tutorial on how to change Blogger's permission information, see Sue's great tutorial at An Aussie Bandster. If you know anyone else who is having these problems, please pass the information along :)