
Should I go for it? Some Moral Issues...

Actually, I had looked up a keyword on Wordtracker and checked for the competition on Google Keywords External.Well, there was decent amount of searches. I didn't check further on Google and quickly purchased the domain.
Well, there's some competition (225,000 results with quotes) but I can beat them cuz most of them are p2p sites.
I was going to develop a site around it, with a plr package I have, (an e-book, articles etc.) and go for affiliate commissions.
Now, the problem is the no.1 site for that keyword is an e-book of the same name. It has been around for 5 years.
I was going to name my 'spiced up' e-book something similar and give it away for free.
Now, I think all the traffic for this keyword is mainly due to the product. It has only 200 backlinks and there is not a lot of competition after that. So, I think I can get to the top with some article marketing (the no.1 guy has not done a lot of it).
So, if I get to the 2nd spot and advertise my e-book as FREE in the title, I'd sure get some click-thrus (probably more than him. I'm assuming).
But, should I do it or just let the domain expire? Is this illegal or something? Is it a bad thing? :rolleyes:
Thanks,
Sumit.
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