I will accommodate you, if you get the latest code from the repository then you can add these to your user.config to suppress the PageMenu
<add key="Blog:BlogViewSuppressPageMenu" value="true" />
<add key="Blog:EditPostSuppressPageMenu" value="true" />
but I also want to say:
blogs will not work well if you try to put the same blog on multiple pages or if you move a blog from one page to another. This is because the friendly urls must pass in the correct pageid in the real url to enforce security
your usage seems unusual to me if you have more than one blog on a page.
also when you say "there are many modules on the home page", my advice is don't do that, just because you can use a bunch of modules on a single page does not mean you should. Each module is making several hits to the database so you should use good judgment about how you construct your content. Its ok to use a few but I would not get carried away with using lots of feature instances per page. Rather than putting multiple html features on a page consider that you can use a single instance and do layout within the content and you can make content templates with different layouts to make it easier.