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Still some money in it - but not as much as 2 years ago. The priceing strucure is now 1/3 what it was. I could get away with $20 to $30 priceing - now even $15 is laughed at.
The biggest money is not in reselling, but in developing new businesses or business models based on the names you've got.
But if you are satisfied with a 100% to 1,000% on the 8.99 you paid for the name, then reselling can prove okay. But remember to factor in your manhours in publicising/converting each sale.
The rest is all pure luck, so if you think you are lucky, then no logic or advise can or should apply
Domain registrars are still charging relatively high wholesales rates. We offer domain registration rates of $6.75 per domain. $6.35 if you tell at least three people.