I think if you spent $1000 on a traffic broker you might be *lucky* to make $75 back. You're just investing in the broker.
Building a bunch of blogs is a good idea.
Me? I think I'd buy a half ounce, a bunch of cases of beer and some chicken wings, invite my friends over, ask them to bring their laptops and get everyone to do some creative promotions on the social networks. That might yield the best results, and you'd have a lot of money left over to try it again. Also setup 5-10 skeleton blogs and get everyone posting at the same time. Also you may find those friends have ideas after they leave, and continue to contribute just to help you out.
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