(Not the best tutorial, we should have one on our wiki. Disclosure: I'm the SimplePie lead maintainer.)
I built and sold a company that focused almost entirely on this one task several years back :-) It's still going though I can't personally vouch for it as I don't use it any more. Nonetheless: http://feed.informer.com/
I did exactly this to make a poor man's blog planet a few years ago. The only problem is that you get a rather messy looking system of pipes and modules as you add more and more feeds.
You could also use our WIP http://thirsst.com -- but we disabled the feed bundles for new users. Ping me at ryan@grow20.com if you care.
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