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rohitj - 6:45 pm on Dec 19, 2006 (gmt 0)
On top of that, maybe even creating an internal PPC engine with minimal text ads...that would be enough to retain 5-7 full-time people who can resolve basic problems, like disaster recovery and programming issues. Once that's done long-range planning can help turn it into something more web 2.0ish where it can be a mix of editors/visitors who run it.
It has the potential to come back to life, given all the work put into it. The problem is that, from a business perspective, there's little it can really offer compared to other, more profitable ventures that most organizations are working on. It needs to be sold for a few 100k (its not even worth that much, imho) to a small team, that can really make it viable. For starters, that should mean recruiting and retaining good editors, while also creating an evaluation process to weed out the corrupt ones.