Niches work, the only problem I see with micro-niches is the cost of shooting exclusive content, compaired to the number of members a micro-niche can/will support.
Sure the members might stay longer, 2-3-4 months - but if you cannot get enough total, then it could still be a losing prospect....
IT is important people know the niches, and also know how to FIND the surfers who are interested in those niches... the old days it was pretty easy... but the SEs, link lists have been so slammed with garbage it is hard for people to find true, dedicated niche sites...
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