http://749fora.com sells .com domains for $8.49 these are GoDaddy Domains, and I set the price as low as they let me, so I make like 6 cents on your domain purchase.
http://explore.live.com/windows-live-writer is where you can download Microsoft Live Writer.
The URL structure I suggest for WordPress is
You have to have numbers in the URL to appear in Google News Results
And by using the category slug you increase chances of indented links.
This video should get you started, I will add videos for picking a theme and placing your ads, and signing up for all of the various ad networks later. Possibly this weekend.