If I understand it correctly, what they want is to continuously copy your content to their website, making money out of it and give you 30% back? I think that i

If I understand it correctly, what they want is to continuously copy your content to their website, making money out of it and give you 30% back? I think that isn't a bad deal, provided you can place any ads on your original blog. Is that true? Because then I see it basically as an additional income. What I would worry about is the $1000 cap. If they give you 30%, it means that they need to make at least $3333 from it - and making such number from a blog is not easy. So you may really wait a long time, in which case it might not be worth it. IMHO reasonable cap is $100.