Blogger startup sells adspace in pixel form and shares profitsw with bloggers

Guys

I came across a bloggerstarup on webyantra called www.blogertizeworld.com which offers adspace to bloggers for 3 years for a cost of $15 - $150 and in return share its profits with its blogger members. I came across a couple of press coverage the site has got. Check these out

http://www.business-standard.com/india/news/banker-for-bloggers/354086/(April 06th)http://www.rediff.com/getahead/2009/feb/09blog-your-way-to-your-bank.htm( Feb 9th 2009)http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=RSSFeed-LifeStyle&id=39cefab5-f5b4-47b8-8cdb-3297f3196d56&Headline=Money+sense(Feb 17th 2009)I was googling around and I came across a couple of blog reviews from bloggers worldwide.

http://techspeak.in/2009/03/blogertize-great-service-to-get-traffic-and-make-money/(India)http://www.it-sideways.com/2009/04/blogertizein-can-help-bloggers-with.html(Mayasia)http://www.eazycheezy.net/2009/03/blogertizeworld-blogertize-gets-a-facelift-with-new-domain.html(Florida)http://kixtrix.com/2009/01/03/give-your-blog-an-edge-with-blogertize/(Philipines)http://nidddles.wordpress.com/2009/01/29/blogertizein-%e2%80%93-pros-and-cons/(Boston)

These guys have adspace for only 2,860 bloggers on first come first serve basis and almost 60%-70% of the blogadspace is already sold.

What are your thoughts about the startup? Its risky but ridiculously cheap. The pros and cons are listed in the reviews above so I won't elaborate on them. But I'd like to know your thoughts. I'm planning t purchase a $80 on this site but I'd like to know what you feel about the same

Cheerz

Ashu