Banner Ads: I actually have a waiting list for my banner ads and they're very popular with advertisers. But, do keep in mind that they're fairly large ads and can slow down your page loading time. Also, the click-through rates tend to be much lower than most people think. Usually somewhere around .5% - 1.5%.
Button Ads: I'm not sure why button ads have never really caught on in the blogging world because they've been around for a long time. Personally, I made more money on button ads last month than on text and banner ads combined. Furthermore, because I keep the size small (2 kb or less), 10 button ads load in the same amount of time that 1 banner ad does. So I think button ads are good way to go for bloggers.
Blogads: Personally, I chose not to do Blogads because I felt comfortable with the advertising I already have set up. However, I've heard a lot of good things about them, they're selling a lot of ads, and a quite a few top notch blogs use them. I think for a lot of people, Blogads are probably a good way to go.
Amazon: I've tried selling Amazon products before, but really wasn't terribly impressed with them. For the amount of space you end up giving them, you just don't get enough of a return to make it worth it. In my opinion, you'd be better off putting ads in the same space. However, other people like Oliver Willis who really push Amazon in individual posts may get better results. If you're going to use Amazon, that's the way I'd recommend that you go.
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