I am looking at this topic and I am extremely happy that this came up . I want to thank @balasubramaniam for bringing this up here .
Here is my take on this , Blogging as it stands today , is in it's nascent state and is just about on the threshold of getting to it's full potential. Evidence to this is the fact that mega media houses watch blogs with a hawk eye and celebrities are taking to blogging in a big way . This means that the result in the form of impact of writing on a blog is there for anyone to see . From there one , there are two ways to take this , what do I want from my blog ? readership or just a record . The celebrity blogs are an example of the latter . They substitute their diary with a blog , that's all . The former is also evident off late . There are popular bloggers like @BinaryDay who have a loyal following . There is also more meat there when you look at people like Advani resorting to a blog to woo voters . That is proof of the pie that the virtual and real worlds are tied .
In the US where the education system is not as rigorous as ours , blogging is now a profession , it is just a matter of time before India , whose strength is mindpower goes the same way .
About the Adsense challenge , I know of a group of people who are doing that for Tamil . Anyone interested in other languages , drop me a note and I will sync you up with them .
Sorry about the long reply !
~Shakthi
About the Adsense challenge , I know of a group of people who are doing that for Tamil . Anyone interested in other languages , drop me a note and I will sync you up with them .
This is highly positive news. For blogging to really take off in Indian languages, it should be able to generate revenue for the blogger. I am glad that Tamil bloggers have managed the break-through. Their achievement should be easy to duplicate for other Indian languages.

I will do it some day, but you are welcome to do it too.