Via Tech Crunch

Technorati, the blog search engine, put out Part I of its sporadic (now-annual?) State of the Blogosphere report this week. This year, it conducted a random survey of 1,079 random bloggers (a statistically significant sample) to paint a more detailed picture of just who exactly is out there blogging. Technorati has indexed a total of 133 million blogs since 2002. In terms of how many are active, 7.5 million blogs have added a new post during the last four months, and 1.5 million have been updated during the last week.
And the average blog that runs ads, according to Technorati, is actually making money:
Among those with advertising, the mean annual investment in their blog is $1,800, but it’s paying off. The mean annual revenue is $6,000 with $75K+ in revenue for those with 100,000 or more unique visitors per month.
The $6,000 a year I can believe. The $75,000 figure is harder to swallow, especially with only 100,000 visitors a month. But directionally there is no doubt that blogs are bringing in more cash.