Thanks to everyone who makes wonderful threads like this one and esp. the OP!
I have been doing this and some ewhoring since 2 months ago, (from being COMPLETE NEWB) and am starting to see more opportunities within the scope of things that relate to content I've already created; no joke. Don't give up!!
You can download programs like SEnuke and backlink with xrumer without even buying the program; look in the services sections to rank with your autoblog to start seeing some real money! Monetize with the affiliates you signed up with by pulling landing pages and change the content, keeping the style to call it your own!
There are tons of legit affiliates recommended from all over this forum! Content is king, and getting traffic is a few clicks away. So don't get discouraged by any means. Keep going! There is light on the other side. I'm starting to make money by sending my affiliates through cpa/redirector as to AVOID GETTING BANNED and sending real traffic to the same blog to help with alexa ratings and profitting from some ppc. The blog even serves as a great tunnel, gateway and squeeze pages for multiple offers that I'm promoting within one domain(as long as you keep it clean)- I've had to modify ad placement from the original poster's suggestion for ad placement.
I would also recommend prosper202 for tracking your blog and a great hosting plan with linux php installed to run it that support cron to accomplish many things in your IM career.
Currently, I'm making 50 dollars/day. It's not much, but I'll be scaling up soon with other methods.
Hope this helps you guys that are just getting your feet wet and are still having some trouble.
BTW, I am in no way selling the above products, I just want to help. Take care