You can use the labs saved search feature to do this now. Just do an advanced search and only find unread messages. Then save the search.
- Mike Wills
@Mike That's in Gmail not Google Reader
- Steve Rubel
from IM
Oops... my bad! I usually just click on "All Items" link. Make sure you don't have "Show: all items" on the article column. Just show all unread (or new items).
- Mike Wills