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I’m something of a traditionalist, and I still think that the best way to read blogs you like is through a subscription service like RSS. Because of this, I have no intention of running display ads on my site, and I don’t truncate my feeds, but I’m always happy to pick up new subscribers.
I haven’t enabled email subscription because, while I like both blogs and email newsletters, I see them as basically different forms of writing. I post quite a lot of short pieces with links or videos—several a day when I can—and I don’t see any way to do that without severely cluttering people’s inboxes (at best) and being accused of spamming (at worst).