Fmycollege.com- what's it worth?

Hookup google analytics to it as soon as possible, so you can show some good reports about traffic to potential buyers.

Check out FMyClone.com. You could put that up and have it just college related. Should be able to make some steady money.

You may just have a monster on your hands ...develop it now while the fmy stuff is hot

Here's what I would do

(1) develop the site or use some out of the box script to get it developed quickly...high speed low cost is the important part, assuming it actually works obviously.

-integrate a post to twitter/facebook feature for each new thread people start.

(2) put a couple of seed threads on the forum so it's not empty once you start marketing it

(3) to get it to start off with a bang, you should try marketing it via viral facebook group or facebook ads to california state schools. Target the hassles of the budget crisis and how it's making students mad.

I say this because I personally know how frustrating this budget is for students. Getting classes at San Diego State was really frustrating during my 4 years their (just graduated). I've heard they redid the entire class schedule and made it worse this time around.

Im sure students are pissed off about this and I'm sure it's happening at multiple colleges in CA...give that a try and see if the viral buzz picks up.

note: this is not a stab at the CA state budget or the school system. Just a thought of how to capitalize on current sentiment going on in your market...