I think Magnus there hit the nail on the head.
In 2000 you could launch a TGP, get 50k hits to it the next day, and everything was converting at 1/200. It was easy money.
Now.... If I get 1k to a blog in it's first few days I'm lucky, and stuff is converting at 1/2000. At this point, it's not really profitable.
The one thing I'm kicking myself about is that I didn't have any sites of my own - TGPs or Blogs. I have one main blog that gets a fair amount of traffic and continues to grow, but that's mostly because it's like four or five years old. I wish I had launched thirty of these at the same time; I could have retired by now.
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