Will Sitepoint be the next SearchKing?
Sitepoint's editor is advocating the sale of your google pagerank for big bucks: Sell Your Google PR for Big Bucks
See also: Economist article on Google and paid search claims that "75% of referrals to websites now originate from Google's algorithms."
However, that doesn't mean it's a bad idea, there are many sites who could use a few thousand dollars per month to hire that extra employee or pay the bandwidth bills. I know of at least one site that is making $12,000 USD a month by selling links to whoever will buy them, whether the purchaser's content is related to the Website, or not.Of course, they're not willing to do it because maybe they heard of SearchKing, but they're nevertheless advocating it for their newsletter readers.
Depending on your Google PageRank, you can easily charge $250-$750/month per link. Restrict the length of the link to 30 characters or three words, sell 12 spots, and you'll have a very nice revenue stream.
See also: Economist article on Google and paid search claims that "75% of referrals to websites now originate from Google's algorithms."