Here's a quick thought for you today: You can have God's blessing and yet He still not be pleased with you. Think about all that Israel had experienced under the leadership of Moses, and yet they still rebelled and God was not pleased with them.
We live in a results oriented society, and many born-again believers have taken this concept and married it with their Christian faith. They think that as long as nothing bad has happened, then God is pleased with them. Lets not judge our life based on circumstantial blessings, but based on obedience to God's Word.