Oh and also you say it "might" have had a chance if it was in 05, what does that have to do with anything? Was it easier to write posts in 05? Did sponsors convert so much better on SE traffic in 05? If these blogs had been started in 05 and updated with original posts daily till now do you think they would have broke even by now?
I have some blogs from 05 that didn't make shit because I didn't update them, I have some that I started 1 month ago that have gotten several sales already, the updates are always key as I'm sure you know.