
It would be one of the toughest things ever done. However, the payoff would be huge. I wonder if i would go crazy? Just trying to think of something to say would be hard enough. The time it takes to post a blog post on wordpress means I would have to do it for 17-18 hours per day. Is it worth it?
Some numbers to consider, If i were to sell sponsorships of posts.Charging $1.00 per post for the first 100,000 is $100,000. If I were to increase $1 per per post for each 100,000 up to 900,000 posts, I would earn 5.5 million dollars. The next 100,000 would sell for increasing amounts. The last post would be auctioned off. My estimates are in the range of 8.5 million for the year. Wow!
Would my marriage survive? Would I survive?
If I sold the links cheap and asked for a linkback from a website, the pr rating would be through the roof in 2 months, I would need huge server space, and massive bandwidth. I would need upfront sponsors to cover all the costs.
This kind of idea is just crazy enough to work. I would love to have an RSS feed of someone doing this, the 12th or 13th hour posts would have to be crazy. I could blog "Happy Birthday" to people, talk about social issues, etc.Media Frenzy!
But just think, I`m doing it, I`m 8 months and hundreds of thousands of posts in, there are millions of visitors to the site, millions of feeds, what`s it worth to a company to just be mentioned?
Crash1 eagle, I`ll need sponsors, you`ll be the official energy drink of the millionpostblog.com! Small banner ad in exchange for all the energy drink I can stomach. You`ll be huge! 
I`ll also need, a faster computer, extremely comfortable chair, laptop with wireless (for bathroom breaks), ergonomic mouse and keyboard etc. I`ll be selling ad space (6 spots) banner ads on the front page for around $5000 per before I start, I`ll need money to live on while I do this. For all who buy post sponsorship, the money will be held in escrow until I reach one million, at that point I cash in, If I don`t make it, I don`t collect, except for the banner ads and energy drink.
A link from a site with a high PR rating is huge, definitely worth $1.But remember, this is a novelty thing. Did you go to the million dollar website? It wasn`t designed to provide visual appeal that pulls you in, nor was it designed for content, it was a gimmick. It was a gimmick that recieved millions of viewers and anyone associated with it gained from it. I doubt anyone actually bought from a company because they were listed on the site and a popup appeared when they rolled over the ad. However, let`s say you own a website, you buy a sponsorhip post for $1000, I`ve posted 900,000 posts, i have close to 1 million links, several hundred thousand visitors a day, and untold rss feeds to different people. Isn`t that $1000 well spent? Even if the post is only listed on the front page for a minute? Not to mention Google indexing the site and picking up your site in the process. Also, the plan would be to have someone create a list of sponsors on the front page, i can make the homepage as long as I need to, you may have to scroll for hours to reach the bottom but it doesn`t matter, it`s not meant to be read. After 6 months of this I`ll be out of my mind with rants and raves and there is no telling what I might say...that`s the beauty of it...
As far as the publicity of the million dollar homepage...it`s over, except for the idiots trying to do it all over again.
This is a gimmick, a nearly impossible task undertaken by one man for one reason, I want to retire before I`m 40. 
Sleep will be an issue. However, It`s not too exciting if people help me. People want to see a man go insane right before their eyes
I think i will solicit Rum companies to provide different rums so that I can do shots while blogging, just to see which one has the best effect. i will need someone to pour the rum however...