Can paid blogging be sustained?

Well I've been thinking quite a bit about paid blogging recently, as it seems to be more or less 'the thing' right now with online income. Honestly, if you sign up for a couple different services, and have a few blogs, you could make a hundred bucks a day easily.

But how long can it last? I think it's a great idea, but then again so was reseller hosting. Now that so many people are doing it, it's nearly impossible to make a dime. So right now advertisers are willing to pay more ($10+) per blog to make sure they get blogged about. But what happens when there are thousands upon thousands of paid bloggers? The supply drives down the demand, and in turn the cost. Pretty soon all those bloggers that are willing to turn out a 50 word post for $2 will spoil the opportunities for the rest of us.

Well, that's my take anyhow…


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