Can You Put a Price Tag On Drudge?

One of the biggest questions lingering in the media world today concerns how much the big Internet sites -- from the blogs to the networking hubs like Facebook, MySpace, et. all -- are really worth. And this, of course, brings up the bigger question of how much people can charge for online ads.

Anyway, Portfolio did an item about the worth of one of the most trafficked blogs, The Drudge Report. The piece takes an un-scientific approach, but it's interesting and points to the continued attempt to try and value the big online entities.