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Google and IncrediMail are now co-operating with the goal of resolving any remaining compliance issues, if any.
Hopefully the CEO didn't have a heart attack when Google pulled the plug.
$1m goals are cute... but reality check? Starting from scratch today, you're at the back of a line... a really long line. Big-money Adsense-supported sites have an immense amount of SERP "collateral" that takes years to create. And even after you spend years to do the same, you'll still be below them in SERPs because they have a longer track record (TrustRank).
I don't know if there is a single untapped market online that is just waiting for a new site that will make millions from Adsense. Saturation and oversaturation is all I see everywhere I look.
It's a bit like the domain market. If you got in several years ago, when all the great domains hadn't been taken (1994-98), you did well. Then the competition for domain sales became extremely intense. The competition between sites with Adsense today is also something fierce!
Not an "AdSense site"; I doubt you'll get rich if that's the level you're thinking on. But I have no doubt there are dozens of niches that aren't full because they haven't even been discovered/invented yet.