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Most adult sites dont generate good traffic either...
The larger blogs you would only wish to control as much traffic as they do...
slashdot
metafilter
fark
kur5hin
Of course then theres the blog scene which intergrates with the camgirls that seems to be good niche traffic, i know of a few people who make a living off of running industry sites...
then again look at style and his camwhores thing...it all started as a blog...
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