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Very much focusing on one concept and one site for a ling time, diversifying a little bit during the 2009, the result will be a couple separate sites and a new sponsor program.
So far just upselling the first new functional paysite from the main site brings in about 5 pct. more in terms of revenue, and without much maintinance, so it might be definitely worthy not to keep all your eggs in one basket
BUT that all once you have ENOUGH time and resources to dedicate to it, the other thing is that if you want to start with a network already - you'll have to invest heavily into promotion, it doesn't make sense to work and update 10 sites if you don't have traffic there, not worth it.
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