Pre-Planning Stage 3 - Domain or not to Domain

The Great Domain-Name Debate
- Most bloggers don't make much money, the saying goes "Blogging for pennies". However; its also true that most blogs don't aim to make money. Some dude studying abroad writing about his travels, perhaps dosen't intend to make a part-time job out of his blog, maybe he just wants to tell his family/friends how his trip is going. And thats fine.

If you DO want to make money blogging...
- You should probably get a domain. It adds professionality to your site. People see that you have invested in your blog and this leads them to conclude that you will update regularly (or atleast that you intend too).
Myself, I have not yet bought a domain for this blog - because I don't have the kind fo readership yet that will provide me with enough earnings to pay for the hosting/domain name. I'd rather just get free hosting and build up my readership and switch over to a domain once all the gears are moving.