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I tried Adsense and they were giving only 10 cents a day. Its understandable because they use keywords etc. and keyword stuff sucks for sites like this. And bast.s kicked me for "invalid clicks" crap. I didn't earn 10$ and they say invalid clicks.
I was thinking about CPM ads anyway. but see on the forums most of you guys having CPM 1$ or less, to me its unbelievable. I don't remember the site, but i saw an ad network serving lots of good websites and they were telling 6-9$ CPMs, even more for pop-ups. It should be that way. 1$ etc. is very very low. I checked lots of websites with 300.000 impressions per month selling their ad space on their own, and they were asking at least 5$. Even some local non-English websites are asking for at least 15$, and they are not some niche sites, just news.
I don't explain the more impressions=more CPM either. Yes, i don't know whether local TVs and newspapers get as much as CPM as big ones, but they should.
I checked some researches and they were telling at least 3$ CPMs big companies spend.