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There are a quota of serious webmasters here who have a clue and a degree of business accumen - they are obvious. It's also awesome that some others can spend 24/7 on a chatboard - fat chance of doing any work of any kind.
On a totally different angle, but related to the thread title, - sure, the adult biz will drop in relevance. It has been dropping since the early 70's with the spread of "adult stores". When populations no longer have a "mystique" about porn and become familiar - the novelty/appeal angle and interest drops.
As a comparison, (and this has varied from country to country), it was hard not to earn serious money in the 60's-70's onwards by producing porn, cartons of "sex cosmetics" or whatever. It got to a level, we had to keep airshipping in product cos it was sold by the time it arrived. This is no longer the case - again, the "mystique" no longer exists in most western countries.
At the same time, there are new people to market to, and other developing nations where there still is a novelty value (tho depends on economics and legalities within these nations), but, they will be the main earners for the adult biz in future.
Familiarity breeds contempt - and that can influence a market substantially. The net is no different and has a contributed to losing the "mystique" of porn in a big way - it's now commonplace and nothing special.
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