Blo.gs for sale

The pinged-by-blogs monitor platform Blo.gs is for sale. Basically, the package contains the domain name blo.gs and weblo.gs, the database full of blog adresses and feed urls, and „all rights to the software“ as long as the new owner keeps in mind that the whole platform is based on open source technology. I don’t wonder what made Jim Winstead jr. change his mind of being a blog provider:

i don’t have a price in mind, so don’t ask. cash-flow wise, the site has cost approximately $3500 to date (mostly for hosting), and has earned less than $750 (mostly from google adsense ads).

Will $4000 suffice the whole effort and price? In the end, he will earn $500 plus all his previous expenses.