engaged said:
God dammit, just make like 5 sites and go back and figure out why which ones work and which do not. Jeez. You can make 30 arbitrage-centric sites in a day.
You can make an unlimited amount using the same template, since with arbitrage, the goal is to make money from paid traffic and not free traffic, it doesn't matter what your site looks like, as long as you get those fuckers to click and make you money. It's by far one of the easiest concepts to make money around. Whether you use AdSense (beware of smartpricing) or YPN (beware of images without borders) it doesn't matter, because with both, you can make some really great money. The CTR is nuts too, 67% on lots of sites is the norm, with per click payouts going pretty damn high.
If you're really nervous about starting out, make one site for adsense and one site for YPN, on one very simple template, using the same niche, content, ad setup and traffic, and choose the one that does better for you. Or even better, keep them both, and continue on that road. Try and spend $50 per day, per site, and just keep monitoring. And by monitoring it I don't mean hitting refresh every 2 minutes, but just look at the campaign from the ppc end and from the revenue end and see what it does for 24 hours, or until your cash runs out from it.
And please don't use Adwords for traffic, because that would be a big mistake. Use 7search or Searchfeed and just "set it and forget it!".