I think it's great that you're trying this. Please keep it up! Some feedback items: I'd say hold off trying to monetize - take a look at Facebook: it doesn't

I think it's great that you're trying this. Please keep it up! Some feedback items: I'd say hold off trying to monetize - take a look at Facebook: it doesn't cost a penny to use the service, all ad driven. If it's easy to stick a Google ad in here and there, go for that. Also, for creating the blogs - I would suggest taking away the requirement of contacting an admin to gain access. If you really want people to come back often, let em blog as much as they want. If you are fearing that the spammers come by, delete them - it's your site! One minor design nit-pick / feedback - the mouseover menu items - could you make them a bit bigger? Kind of small targets.