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Yes. The real money comes from having a list of loyal subscribers. The bigger,
better.
But you need to build a rapport with your subscribers and it takes time to do that...to build up trust.
So yes
money is in
list but you have to look at it as a long term, relationship building venture.
I've found
best way to build a targeted list quickly and inexpensively is to use a co-registration service and my personal favourite is List Builder Pro: http://tinyurl.com/5l5sj
If you need to make money right away it's probably better to focus on becoming The Best Affiliate you can be.
The best resource I've found for doing this quickly is Rosalind Gardner's "I Raked In $436,797 Online Last Year." Get that here: http://tinyurl.com/3z9q9
Another way to make money fast is to use Google Adwords as an advertising medium and you can become an expert by picking up a copy of Google Cash: http://tinyurl.com/4xqap