We rely on cloud services more and more every day, trusting service providers with our data. But as Google Reader users know all too well, it's sometimes necessary to take that data elsewhere. Many Google Reader users have migrated to Feedly, and the subscription data that once lived on Google's servers now resides on Feedly's. Feedly just recently added the ability to export your feeds to an OPML file, so if Feedly shuts its doors like Google Reader did, you can use it to import your feeds to another reader. Here's how:
Step 1: From the Feedly sidebar, select Organize, then click on the link called, "As OPML." You can also go directly to the Feedly OPML export page at http://cloud.feedly.com/#opml.
Step 2: Once your subscriptions appear, copy the text and paste it into your favorite text editor. Save the file as, "feedly.opml."

Feedly also plans to add OPML import in the near future, which will allow you to manually import feeds that you exported from another service, like Google Reader.