Fred Wilson wrote on this a year and a half ago. I find his response a lot more realistic: http://www.avc.com/a_vc/2009/01/avoiding-the-bi.html

Great link, thanks pal. i also loved the review by Marc Andreessen http://techcrunch.com/2009/02/20/andreessen-on-charlie-rose-... who said we should stop the printed press and go digital...

RE: Stopping the printing press... If you have not yet read:

http://www.shirky.com/weblog/2009/03/newspapers-and-thinking...

This guy's site stinks of affiliate marketing, or something. Endless links to some "commun.it". Hmm. He does cite his sources, though.

HI, commun.it is the service who is in beta i use to manage my blog community, its far from being affiliate since its my project and i seek quality bloggers to help me in beta, but your point is taken and i will remove some links :)

Thank you for taking the time and point it to me...

They say 80% of all statistics are wrong :) my point is to show there is a trend and online media buisness like blogs are growing fast and here to stay...