If this is something you really, really want to do, then do by all means check out self-hosting. Buying a domain name isn’t a big deal and sometimes you can find good, reliable and inexpensive web site hosting.
But those are all questions to ask over at .ORG because you can’t serve up ads on COM even if you buy your own domain names and host your blog here. It would still be against COM Terms of Service. Just sayin’… Cheers!
Do you have the traffic yet for someone to want to buy ad space? I’ll probably consider my next move when I start getting enough traffic but I don’t have that kind of traffic yet. So I’m just concentrating now on blog content until that time comes.
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