The point about the domain name is good. There’s more to it than just owning a domain; at a later stage when you decide to buy your own domain, diverting users and the link juice is a real pain is the arse and an effort lost with the previous domain.

To set things rightly in the long term, you should at the outset get the right things done.

@Zach:

I agree with all your poinnts, they are definetly felt with at least 1.5+ years of blogging. These things are not easily grasped by new bloggers in the beginning, but that’s the game..

//K_Wasseem
(7php.com)

In terms of making money… I thought that was the whole point of creating a blog. Perhaps a small percentage start a blog for charitable causes, but the majority of bloggers are in it for the money.