These are the packages that would be merged, in order:

Calculating dependencies  ..... done!
[ebuild  N    ] virtual/eject-0  0 kB [0]
[ebuild   R   ] x11-libs/pixman-0.16.0  USE="mmx sse2 (-altivec) -debug" 394 kB [?=>0]
[ebuild   R   ] dev-libs/glib-2.20.5  USE="fam -debug -doc -hardened (-selinux) -xattr" 4,920 kB [?=>0]
[ebuild     U ] app-admin/eselect-1.2 [1.1.3] USE="-bash-completion -doc" 153 kB [?=>0]
[uninstall    ] app-admin/eselect-news-20080320  [0]
[blocks b     ] app-admin/eselect-news ("app-admin/eselect-news" is blocking app-admin/eselect-1.2)
[ebuild   R   ] gnome-base/gnome-keyring-2.26.3  USE="X hal pam -debug -doc -test" 2,630 kB [?=>0]

Total: 5 packages (1 upgrade, 1 new, 3 reinstalls, 1 uninstall), Size of downloads: 8,096 kB
Conflict: 1 block
Portage tree and overlays:
 [0] /usr/portage
 [?] indicates that the source repository could not be determined