Because blogs are very viral, it's really not that difficult to make money off of them since it doesn't take much to keep a steady flow of new incoming links which keeps traffic coming in.

I used to say that text links were a good step for some blogs but I have to pull back on that one now for obviuos reasons.

A good starting place is definitely Google AdSense. They tend to be very blog friendly and are easy to set up and integrate. In fact, one of their latest features is to automatically add curved corners to the ad unit so that it blends in with Web 2.0 sites such as DaniWeb and Blogger. OK, and Digg too

Now that we're leaning towards the holiday season, another good place to check out is Chitika. They offer ad units which sell various products (typically gadgets and swag) and they market themselves as an advertising network specifically for blogs (and forums). They're also CPC as opposed to CPA, which is hard to find.

I was into blogs very much but am out of it now since i dont have much time for it now .

just try to get unique content on your blog .
engage in social bookmarking
promote your blogs by putting its link on various forums
try to get backlinks

and many more things you need to do to promote your blog ( use adsense on your blog ts profitable)

Well yes, I know the strategies - thanks, makemeinsecure. I was just wondering how some of you monetize. Some people use Chikita. Some people use Amazon Affiliates. What do you use?

I am into Google Adsense and widgetbucks . these r really good way to make money .can i see your blog ?

Right now I use AdSense and various affiliate programs. I am experimenting with "paid to post" options currently.

I think the best way to monetize a blog is relevant content ads, like Google Adsense, Yahoo Ads, Bidvertiser etc. Why? Because they give to your reader the option to be reading a post and suddenly get interested for an advertising that is targeted to that kind of content displayed in your blog.

I think that Amazon is another way to be considered, but relevant content ads is the best way in my view.

About your question regarding: "How many people here have a blog?". I do. I run my own money making blog, it brings everyday news, articles, commentaries and reviews about money making opportunities.

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This sounds great i do not have a blog buy i may get one. What is the difference from a website.

I have a blog too,

and the way i make money from it it Adsene ( like Daniweb )

and other way is Affiliate Multi level marketing, you can check out my signature

diference from a blog and website is that you can make blog more update than a website