What makes the majority of a page advertising is not the fact that blogs are money-making undertakings -- as that fact is far from true, unless you're Treehugger -- but that advertising now is as easy as blogging itself. Google makes it especially easy to incorporate their AdSense into a page, be it in the sidebar, header, footer, or within a post itself. Amazon makes their Associates program easier and more varied all the time. These are two of just many ways people are advertising on their blogs.
Of course, I'm guessing that any revenue from ads is tied to traffic, though I would wonder if people really want to visit a site that's almost half advertising. Unfortunately, with this ease of advertising and a view of blogging as another way to make money, the glut of advertising is rather widespread. With the advent of DSL and cable modems, some advertising (most apparent on the sites of newspapers) now contains animation or video, making the content recede that much more into the background.
As my page contains advertising in the far-right sidebar, I'd be a hypocrite to push for removing ads entirely from blogs. Instead I'd recommend advertising that respects the content by not crowding it, not distracting from it via moving images, and not confusing readers as to what's content and what's a sales pitch. Of course, these recommendations go against the current trends of online advertising and in that case is a pipe-dream, though a somewhat realistic one at that.
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