Can Bloggers Make Money?

From the Wall Street Journal: Can Bloggers Make Money?

I guess you can't call it an age-old debate, but it's certainly the hottest debate of the Web 2.0 era: Will the economic shift in the media/journalism world support talented single practitioners who need to make a buck to support their individual enterprises  (as opposed, say, to a shift that transfers money and publishing clout from the old-line media companies to a bunch of new-agey ones). The Journal's piece yesterday pits traditional publisher Alan Meckler ("few people if any will ever make money from writing a blog") against Weblogs Inc. founder Jason Calcanis ("many bloggers are already making money").