Is it possible to make a page into a blog (with posts). This will give 2 parallel blogs so to say. Eg: “Home” contains my blog and “About” contains another blog… is it possible to get any widget to fix this if it is not possible through “settings”?
No, that’s not possible to do on a single blog because there is only one dynamic page for posts in any blog. There are many common errors, misunderstanding and misconceptions when creating custom menus and you can read about them here > http://wpbtips.wordpress.com/2011/12/19/custom-menus/