Tristal Louis has an interesting post looking at the flow Weblogs, Inc generates in relation to how much AOL paid for them, coming up with a dollar value for each inbound link. The analysis is fascinating and does nothing to disabuse me of the notion that hard cash is being spent on vapor already … very early in what looks to be a growing bubble. Of course, the real question we have to ask is how long it took Tristan to run all of those URLs through Technorati to come up with his numbers? He has the patience of a saint.