Top 25 most valuable blogs

[kappa84]

247wallst.com seems to have indentified the 25 most valuable blogs.. The website estimated the value of those blogs based on several factors like page views, ad revenues and expenses.
Here’s the top:

1. Gawker Media: $150 Million
2. MacRumors: $85 Million
3. HuffingtonPost: $70 Million
4. PerezHilton: $48 Million
5. TechCrunch: $36 Million
6. ArsTechnica: $15 Million
7. SeekingAlpha: $15 Million
8. Drudge Report: $10 Million
9. Mashable: $10 Million
10. GigaOm: $8.4 Million
11. BoingBoing: $8 Million
12. Silicon Alley Insider: $5.4 Million
13. ReadWriteWeb: $5 million
14. Paidcontent.org: $3.5 million
15. (tied) Search Engine Land: $2.7 million.
15. (tied) Smashing Magazine: $2.7 million.
17. DListed: $2 million
18. Daily Blog Tips: $1.8 million.
19 (tied) Techdirt: $1.5 million.
19 (tied): Neatorama: $1.5 million.
21 (tied): BuddyTV :$1 million.
21 (tied):The Superficial: $1 million.
23. Talking Points Memo: $860,000.
24. Travelpod :No way to value the site
25. 24/7 Wall St.: N/A

From here: http://www.247wallst.com/2008/03/the-twenty-five.html

What do you think about this top? Do you think other blogs could have a place between those 25? What really makes a blog to have hundreds of million value?
Aren’t those numbers a little too high for blogs?

[trocobob]

I never heard about any of the mentioned blogs .
and the values seems to be exagerated

[kappa84]

I think the same about those values...Maybe someone can enlighten us about those numbers.

[gkd_uk]

I think the values are over the top

1. Gawker Media: $150 Million