  In this paper, we obtain an alternative expression for the distance of a
function in $BLO$ from the subspace $L^\infty$. The distance is the one induced
by choosing a new "norm" on $BLO$, equivalent to the usual one and that has the
advantage to make the distance to $L^{\infty}$ explicitely and exactly
computable. We also prove that this new norm has got the norm attaining
property on $BLO$. \\ We address the issue of approximability by truncation as
it is not obvious even in the closure of $L^\infty$ in $BLO$ that functions can
be approximated by truncation. As a matter of fact, a few examples of this are
presented. The easier issue of approximability by convolution is also
addressed.\\ In the last section we finally prove that the "dual" of $VLO$ is
isometric to $VMO^{\ast}$.
