http://blogsearch.google.com/ for what I am talking about.
I typed adsense just to find out the number of blogs out there writing about adsense and this is the report i get Results 1 - 10 of about 7,488,541
Well, people say that there will 1.4 blog per second being added everyday . That means about 130000 per day and you will have one million in about a week. Among this many start off well, make it 500 clicks a month and a handful of them stay alive till the end to become what you call a successful blog.
It is a long and tiring journey and the philosophy involved in it something that soothes me a lot .
I wanted to move into bloggers psychology as a subject and do some masters course in it. I am trying to find places to do so .If you have any idea please let me know.