Current vision
Blazars are thought to be active galaxy nuclei, not very different from quasars, with jets directly pointing to the observer.
The special jet orientation explains most of their peculiar characteristics: the high luminosity, the very rapid variation, the sometimes superluminal motions found in high-resolution images, the very faint lines found in the spectrum.
The jet orientation argument requires that a low number of BL Lac objects exist together with a much higher number of their active nuclei cousins, such as quasars. And indeed, this is supported by observations.
From this interpretation follows that blazars are in the center of an otherwise normal galaxy, and are probably powered by a supermassive black hole.
This relatively simple picture is certainly not complete, and recently (as of 2003) alternative explanations can be found in scientific literature. The main one is that at least some blazar are the result of gravitational lensing, where a massive nearby object acts as a lens on a distant one. Anyway, it is clear that the BL Lac class is far from understood, and that it will possibly be divided into different classes of similar-appearing, but physically different objects.
Blazars include 3C279.