One of the coolest things to come out of Web 2.0 is definitely digg.com, in my opinion. Users choose news stories of interest and submit them to Digg, and the stories with most "diggs" can be found on the top of their list of news. This is interesting because you can see what the vast majority of users are interested in. It's a very democratic way of presenting the news. It's all free, all the time.
Netscape's approach to a similar idea, is to pay their top news submitters.
While speaking at the Future of Web Apps summit, Digg founder Kevin Rose reaffirmed his position in the debate over whether top users should be paid for their submissions, branding Netscape's model as "a bad idea."
Digg's competitor, Netscape.com, pays its top users around $1000 permonth for submitting news stories. Additionally, Netscape is overseen by a group of paid, full-time editors.
Kevin Rose: Netscape's Model 'A Bad Idea,' New Digg API Soon
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