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The niche of your blog is very important also.
I have a niche blog that couldn't possibly rank any higher in google for it's target keyword, but that's still only worth around 500-1K uniques per day from google.
There just aren't as many people searching for this niche is all.
If your blog is just general hardcore porn or nude teens or something like that then there is alot more traffic available (but also more competition for it)
So like everything else, it depends.
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