Cynthia Brumfield asks, "Is there money in blogging?"

Well, sure. Just like there's money in standup comedy, painting portraits, nightclub singing, playing baseball and shooting golf. There's plenty of money, for the top 1 percent of the top 1 percent. Everyone else has a tough slog.

Brumfield also says she's rooting for outlets like Federated Media that might be able to help bloggers or writers make some money to keep the content coming.

If you want to make money, the better bet is simply this: Be brilliant. Be so absolutely good at what you do that the market can't help but throw money at you. (Don't try to be clever. Don't try to be too clever. You get found out.)

The really cool thing, though, is that if you work really hard and write a really great blog, you get found out, too.

In the mean time, bloggers may find a way to make some money through outlets like Federated Media or Pajamas Media. But for now it's a saturated market with a low barrier to entry, so don't count on it even if you're brilliant. Or clever.