Nick's finally announced Gizmodo, a geek-toy weblog written by Peter Rojas. And, yeah, Pete's getting paid to do it. I've been watching the content evolve and the links pour in for a few weeks now, and I think that the site is interesting. Will it be profitable? I think it's possible but it's much more likely to break even long-term.
Which, for the publishing industry, ain't too bad.