Launchtags lets you create mini-pages about your expertise, interests, know-how, hobbies, ideas or just about anything bright and shiny. Use text, pictures, videos, links and RSS feeds to build your page. Share 50% of the advertising revenue brought in by the traffic to your great page.
Considering how Squidoo is 1) heavily used and hard to break into in a meaningful way, and 2) is taking a big reputation hit because of porn and spam issues, LaunchTags looks like a promising fresh start for bloggers looking to increase their traffic and find new avenues for earning money. You can also connect with other users of the service through LaunchTag communities.
I’ve created an account, and as soon as I can get into it, I’ll post a thorough review. To make sure you don’t miss it, be sure to subscribe to my RSS feed!