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You could spend it on scripts, content, and seed traffic to start a bunch of different types of sites, or you could save it up to build a more robust pay site, or buy gallery spots...
shit man I have more projects than I can possibly manage to keep up with, thats my biggest problem, so my advice to you (for what its worth) is pick something to do with the $$$ that will show a decent return on investment and focus on it completely until it is up and working successfully, then use the cash you make from that to move on to the next thing.
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