A site I am a part of (http://www.killmyidentity.com) launched yesterday and already earning 0.95$ yesterday and today. Is that good? does this mean my website is good? Also http://www.pagebowl.com would it be smart to put google ads on there? I'm not fond in using via cheque for payments I much prefere PAYPAL do they support it?
Yes that is good for a first day, no that doesn't mean your website is any good at all, since it's just a copy of every other proxy site. Putting adsense on sites where you are trying to sell something else is often a bad idea. If you plan to use adsense seriously, I suggest you read the terms of service, and all information they have listed for you, and you would know that you can't receive paypal payments. Good luck with adsense.
use a bank account instead of getting checks. thats much better. no transfer fee and you receive money earlier than check.