Well I have to also encourage those that either haven’t had much luck in getting something approved or that sales just haven’t happened yet – I was really looking for an avenue to earn a little extra cash on the side from my regular clients – I read Collis’ article on Freelance switch the other month about ThemeForest and thought I would give it a stab!
It took a little frustration on learning what was expected on files – but I got through it in the end, and now I know for the future so that I don’t have all those upload – decline – upload – decline. Now, I haven’t done anything near $1,000 but I can say that in the past day I earned about $100 – but that is on 1 template!!
My goal was to see if between TF and videohive I could upload a few things a month – build a library of items and “try” to get somewhere in the region of $500 p/month in my pocket – I now think this is totally plausible. I have told my daughter who is preparing for college that she should seriously consider TF etc as legitimate ways of covering some expenses – plus experience because I have to say that all the authors (and buyers also!) on this site are really approachable and helpful – make you feel part of the community – thanks for that everyone!
Another great thing about TF – purchasers contact you – not just to ask questions but to really let you know how they love your product – and, get ready for this, if you do freelance work – in the past week just shy of 15 people contacted me for rates and projects – I am happy to say that last week I gained over $600 of “extra” work – from TF!!!!!
So even though (due to regular and extra work) I haven’t had a chance to upload more stuff (my aim is to get 1 item per week on here) – I have 3 half finished designs that I can’t wait to try and get approval on 
Oh, and by the way – it helps if you really try to promote yourself and your work on TF – not just by offering great service, quick answers and linking products etc – but use twitter.com – send out a shoutout and ask people to view and give comments – you may be surprised how many of those following others will be a future purchaser!
Sorry for the long post but I really wanted to start a forum post along these lines yesterday, but jscheetz you beat me to it – well done and good luck to everyone with sales!