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No offense but that's not much of a plan. Niche is important. Look is important. Can the site sell? How are you going to get traffic?
50k monthly is very very ambitious. I would say in 2009 anyone thinking to hit the ground running and make $50k a month with a new site is in for a very very rude awakening.
btw how many <$10 membership sites have you seen that have been successful? I can think of one. VideoBox and they gave all videos for that price.
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