Good or decent income is only relevant to the standard of living you are accustomed to, so thats always a hard question to answer.
I think for most, build/submit is still a viable way to earn money and generate traffic. I completely believe that freesites should be part of that equation but most people do not understand the benefit of them, so they stopped or quit (my favorite)
With that being said, most need to do more than just that. There are other things already out there that one can dabble in or create something completely out of the box. Look what blogs did to search results only to be followed by tubes. You just never know what the SE's will favor next.
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5-10 years ago you can make an ugly galleries for any paysite out there and it would sell, lol.
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Thankfully I started in those days