I wish you good luck but I cannot imagen how bad all those blogs will be. I just laugh when I hear people say "i can do 10 autoblog in 3hr - 4hr " cammon! whats the quality of those blogs?
It all takes time, you think that its just throw up 10 blogs and your done?.
You need keywords, description, overall seo, find good feeds, good offers, good themes and much mush more.
Sure I can setup a autoblog in 10 minutes. install wordpress, take some random plugins, find a bad theme, a bad rss feed, some bad ads and offers. DONE!
Yeah I'm going to make 100k month now! Yeahhhhh!

This post is not to complain or to make somebody feel bad. Thees are just my thoughts.
i still wish everybody good luck and would love to hear how it goes.
Take care