Welcome to the board Work4Food
You have a very good game plan set up there. The only comments I have are on #2 - some sponsor content is very overused (some to the point that any content the sponsor put out is considered bad) so that's one of the things that you have to consider before you go & get content for the site.
And #5 - there are not too many PPC (Pay Per Click) programs around anymore - they were too easy to cheat on both ends
