Blog Boing Boing Makes $40,000 a Month

Ever heard of Boing Boing?  Boing Boing is the #1 ranked blog on Technorati and has over a million readers per month.  I just read on Lockergnome that they are making about $500,000 per year in advertising - over $40,000 per month!

This is even more amazing when you consider that Boing Boing has gone from no advertising and no revenue to advertising-filled and over $40,000 per month revenue in just six months - without alienating their readers.  Amazing.