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Its good, but at the moment I dont think alot of people would purchase as your not getting many hits. Maybe put it so its free for a couple of months and people only get their advert there for say, two weeks? Then as soon as the hits roll in, advertise around and maybe the people who had it free, realised you helped them get hits, therefore they pay for more space/longer period? Good luck, excellent idea!
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Sounds a lot like the million dollar homepage concept to me but I guess it as abit of a different flavour to it with the coordinates. Good luck :)
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Cool, that might be good to advertise my hosting company with if it becomes successful.