Specially after google adsense stopped showing adds on the faucets i dont think its worthy anymore to earn good income from making any faucets.
offering higher than average payouts, which will have to come from your own pocket. This will have to go on for a month or two, until your
user base has grown big enough to replace your money with the money coming in from the advertisers. You will also have to fight of the
bots and the hackers and also users trying to cheat you. {duplicate accounts} Good luck...
btw I just checked the faucet script of FaucetBOX and it's pretty good, and they let you promote your faucet in their site which can save me some bitcoins... I m thinking about launching one in the next month.
Should I go for it ?
And it's very hard to surive for faucets. Traffic that you will get will be poor quality, you woll have fake clicks on ads and low payment rates from ad networks. I don't is it worth to spend lot of time to create and maintain faucet and get almost 0 profit.