Peter Quintas pointed me to this Aug 7 eBay auction, where www.BlogOnTheWeb.com was auctioned off for $2,425: (see eBay item 3831940548 (Ends Aug-07-04 11:24:27 PDT) - BlogOnTheWeb.com 1400 Bloggers revenue website PR 5).

You are bidding on www.BlogOnTheWeb.com, a very popular blogging community with a catchy name. It has almost 1500 bloggers and over 7000 posts and almost 4300 comments. People can sign up for their own blog very easily as you can see at the site. It gets around 10-20 new bloggers each day without doing any promoting or advertising. Tomorrow is here; everybody is blogging, and those who aren't are looking for a blog home. The site also features image galleries and has a Goggle page rank of 5 at http://blogontheweb.com. We average over 1,000 visitors a day. It currently brings in revenue from Google Adsense. We are unable to disclose the numbers so as not to violate the Google TOS. Please do not ask, because we cannot tell you.

The reason we are selling is we have gotten into the plant business and need the funds to help get our business going even more, and this is our most valuable asset.