You're all wrong. Selling is king. It's painfully easy to make money in this biz if you know how to sell. It took me a long time to catch on but once you've got a winning formula you're sittin pretty.
Look at extreme paychecks. Their sites convert pretty good, but once you're inside you get like 4 picture sets per paysite. Guess what though, for someone to find that out they still had to sign up and put money in the pocket of the industry.
Traffic is a necessity but in no way is it king. It's just another expense to me. It's up to you to make the most out of your traffic. Trust hosted galleries, FPA's, crappy sponsor banners and you're taking the easy way out.
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www.mcdonalds.com <- great money making opportunity
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