I started using biblatex, for preparing my thesis manuscript, today. It’s a very neat and flexible package. In addition though, there are a slew of citation styles available [1]. Not only that, there is a natbib [2] option that can be specified as a parameter right within the preamble. The figure below show a sample output of a bibliography excerpt rendered using biblatex’s authoryear citestyle.

Using the package is straight forward,
\documentclass[12pt, lot, lof, singlespace]{phiri-thesis} : \usepackage[citestyle=authoryear, isbn=false,natbib=true]{biblatex} \addbibresource{phiri-thesis.bib} : \begin{document} : : \end{document}
Finally, to make the bibliography, you use \printbibliography as show below.
\documentclass[12pt, lot, lof, singlespace]{phiri-thesis} : \usepackage[citestyle=authoryear, isbn=false,natbib=true]{biblatex} \addbibresource{phiri-thesis.bib} : \begin{document} : : \printbibliography \end{document}
Bibliography
[1] http://www.ctan.org/tex-archive/macros/latex/exptl/biblatex
[2] http://www.ctan.org/tex-archive/macros/latex/contrib/natbib
[3] http://blog.mikael.johanssons.org/archive/2012/03/biblatex-%E2%80%94-why-havent-i-used-this-earlier