Gone are the days of hamster dance and Star Wars kid, of Leeroy Jenkins and Peanut Butter Jelly Time. In their place is emerging a new generation of Internet memes. Are they just as fun? Sure. But they're also smarter, more respected, and making a heck of a lot more money than their predecessors.

That's right: from their origins as mere anonymously authored distractions, the Internet phenomenon we know and love as the meme has become a bona fide business model. LOLcats have invaded our bookstores. Cute Overload bunnies adorn our day-by-day calendars for US$12.99 a pop. Remember that blogger who mocked yuppies at StuffWhitePeopleLike.com? He was not only offered a book deal, but reportedly also a $350,000 advance.

Is there room for web newcomers to get in on money-making memes? Sure. But even an ambitious Internet entrepreneur with a potential profitable idea will still need some tips. Here now is your guide to cashing in on web fads.