[andrewljohnson]

Agree with all points except for #2.

Me too apps are the least-risky way to make money. You are going into a known market with little technical risk. All that remains is to beat the other guy, and the smaller the market, the bigger the chump the other guy is likely to be.

Want to make a billion dollars? Don't make the 100th bible app.

Trying to pay rent? Don't make your new creative photo-sharing app.