How can I excluded “sticky” posts from my blog page?
Add your “Featured Content” posts in a separate category and exclude the category from your blog.
If you’ve done this and it didn’t work, you can force the sticky posts to be excluded by making a small change in the code.
blog.php” and replace line 61 with:
query_posts(array('category__not_in' => $excludeCategories, 'paged'=>$paged, 'ignore_sticky_posts' => 1));