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Ideally what you want to do is create a high quality site so that when you finally do get traffic to your new domain name, those surfers will want to stay around. As many others have suggested you can use Wordpress, but not just as a blog (which is always an option of course) but it's very powerful and if you are creative you could creative a variety of sites, even a TGP or tube like site with it.
Just remember that you should *ALWAYS* have more content than ads on each and every page.
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