Well, you're opening a whole other can of worms honestly. The saturation of the market of photographers is an issue in and of itself but only because wanabe Peter Read Millers think they should just give away photographs for free because it's "Just a hobby".

I'm confident there is money to made so long as there is an interest in owning photographs. Any lack of money has little to do with the amount of photographers so long as your own talent and marketing is sufficient. I'm confident in both regards.

Again, that is not to say the general treatment of photography from non-photographers isn't disturbing, and that includes every yuppy with a $5,000 hole burnt into their pocket and the cyclists who come to BF.net and post photos taken by a photographer trying to earn a living.

But uhh, it's not like i'm jaded or anything

*EDIT*
And your last point about the photo is an important one. I've worked as a photojournalist for about 5 years now, most notably for the Daily Iowan, which although it is a student run paper (primarily) the photographic aspect of it is the same as any (IE, 20,000 daily circulation and nightly deadlines). This line of work (which i enjoy greatly) has really taught me how not to miss a moment. I'm sure you value the hell out of that photo, but i know you'd be willing to pay more for a high resolution snap sharp 30x20 poster of it