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I dont think you can even compare today to 5 years ago. there are so many things that have changed since then that have dramatically influenced the conversion rates of sites.
if you kept doing what you were doing 5 years ago today, i think the chance of you still being able to keep your head above water would be very very slim. however, if you kept up on change (i.e. from static image galleries to hosted flv movie galleries, etc.) then you might still be in decent shape.
in my case my conversions are about 4-5x worse then they were in 2004 and about 2-3x than they were in 2007. im still pushing some of the same sponsors, but back in 2004 i was at 1:400 for one while today im more around 1:2000
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