Quick and Dirty blog creation - will this work?

Hey,

Here’s my quick and dirty way of making a site – I can do all this in around 5 or 6 hours.

I’m wondering if these sites are good enough to just cut loose?

Can anyone tell me how Google might see these – would they be considered spammy?

All the content is generated from a wordpress plugin called AutoTubePress i got from the War room. It automatically populates your blog with a video from you tube every day that matches exactly your keyword. What’s better is it also pulls in the description of the video so you have nice keyword rich content.

So - here is how i make these quick, dirty blogs.

1. Find a niche
2. Find a Keyword
3. Buy a domain that is the exact keyword
4. Set up wordpress on my hosting and point the URL here.
5. Download one of the free themes from Woo themes. I love this one : Typebased | WooThemes
   
   It looks fantastic and has some nice spots for banners I hook up to amazon affiliate products related to the nice. All I have to do is make a nice header graphic and stick it up top. I might if I can be bothered cahnge link colours etc to suit my header.
6. Write or pay for a short ebook on your topic you will give away
7. I hook up the form and popup dominatin to my email sender (I use campaign monitor) and set up a chain of 5 emails offering some great advice in a conversational tone to build a relationship then in the last email I send on a link to a click bank product on the niche subject I have chosen.

I then hook my blog up with a subscription form on the right hand side top of the sidebar.

I show the cover of the ebook and say they can get it if the sign up.

Then I install the following WordPress plugins:

Google privacy policy – you need this if your going to use Adsense.

Popup Domination
Use this to promote your free ebook when a user first visits your site – I set it show every 2 days. I get around a 50% sign up rate with this.

AutoTubePress
This plug in is invaluable – I got it for free in the War Room.
It automatically populates your blog with a video from you tube every day that matches exactly your keyword.
What’s better is it also pulls in the description of the video so you have nice keyword rich content.

Then you also need:

All in one SEO
Google XML
Google Analytics

I then set up the AutoTubePress to include an Adsense panel under the description of each video.

So in effect i now have a site that auto generates keyword specific content, with posts including adsense, keyword rich copy and an interesting video. Plus they download a free ebook in excahnge for email address that contains links to my amazon affiliate and the clickbank product i promote. They will also receive a chain of emails promoting the CB product i am promoting.

All i have to do is work on backlinks and rinse and repeat the above process. I reckon i could do 4 or 5 a week.

The blog in my footer is set up like this - but I've knocked up another couple i'm going to put live this weekend

But my question is will this work?
Or am i wasting my time doing it this way?