Good article: Independents Day: When it comes to Net news, small can be beautiful by J.D.Lasica.
"each created and operated largely by one person, show that you don't need a large staff and venture-capital seed money to do news on the Net.(...) What the creators of KenRadio, Kuro5hin, IWantMedia and Metafilter share is a relentless drive, a passion for their subject matter, and an abiding respect for the power of the Internet to reach thousands of readers cheaply and effectively "