Apart from my new partner, we are currently experimenting with Commission Junction, Associated Content, EZine and Adsense. We are also now trying to drive traffic through organic search results. We have many tips to share with the world as we find out how each method does not work we will post the details here. It would be fair to say that arbitraging was not successful and I have only made $2 profit. We could try selling the traffic from different sources but unless you really luck into your niche you will find it almost impossible.
Other techniques we are researching at the moment include auto blogging and outsourcing content. If we go with any of these I will be sure to post the information here.

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