What we feared would happen last year has come to fruition. Celebrities are having a hard time commanding high appearance fees. A-listers still do all right, but everyone else? We're talking in the four-figure range. Depresso-rama!

"And you make money for that?" is the first question I get when I tell my extended family about my life as a professional sweatpants-wearer. I'm not too good on the numbers, but some bloggers do get paid and apparently quite well. I think it has something to do with page views? This amazing AP clip about bloggers who are "happy to serve as ultra low cost freelancers" can teach you about how the internet thing sustains itself. Click through and judge this dumbed down explanation of Web 2.0 economics!