I was going through a few posts over at the wickedfire forums today, and I learned about the AutoBlog plugin for wordpress.  This plugin allows you to specify multiple rss feeds and it will automatically parse the feeds into posts on your wordpress template. The plugin can even put the posts into wordpress categories if the rss feed is set up correctly.

Using this script will not help you generate much organic search traffic due to Google’s penalty for duplicate content, but it is a great tool to quickly build out content for a site. I own a few domain names that I am not currently using. Right now, I monetize the type in traffic via Sedo,  but I think I could do better using autoblog for content and adsense/YPN for monetization. I will give this a try on my parked domain for the knicks and post my results on this blog.
If you are looking for similar plugins, you might also want to check out feedwordpress and smartrss.