Blues took a 29th-minute lead as Marlon King notched his fifth goal of the season before Stephen Crainey levelled for the home side and his fellow full-back Neal Eardley produced a magnificent drive shortly before the hour to put the Seasiders in front.
However, substitute Nikola Zigic scored an 87th-minute leveller to earn Blues a deserved share-of-the-spoils at Bloomfield Road.
"I think it's always a very emotional game and sometimes you have to step away from the game afterwards and assess it, and overall a draw was a fair result," Blues boss Hughton said after the match.
"We certainly didn't deserve anything less than that because on the balance of play on chances they had a very good chance in that second-half period.
"We had a couple of excellent chances through Marlon King earlier in the game and a couple of offsides that would have seen him through that were wrong decisions.
"It was that type of game, very entertaining and we deserved the point in my opinion.
"I think when you've got a centre-forward on the bench and you need a little bit of something it's a chance that you take.
"At that stage we weren't playing that badly, with Jean Beausejour out wide you've got somebody who can produce something but we decided to change things up a bit and freshen it up and with Zigic he's a quality player.
"He's starting to get where we want him to be fitness wise."