Actually, I spend much time on Hubpages because I do actually make some money from Google Adsense! It's not much yet but it is more than I've made elsewhere.
I started here by throwing up a few articles for backlinks to other things. A few weeks later i started noticing daily clicks and even revenue in my Adsense account. I had only thrown up 5 hubs and pulled in almost $10 in 6 weeks! This might not sound like much but this is passive income! Once you do the work this money will keep trickling in indefinitely. More hubs will increase that trickle. Now I'm getting serious about Hubpages!
I've always had my own domains so don't know if that requirement for Adsense. If it is, It doesn't take much to get a domain, grab a cheap (or free) host, and throw up a quick wordpress blog (no coding required). Then you are legit. You can then use this same domain to also apply for eBay's affiliate program and others.
BTW: I don't work for Hubpages either. If I did I would be making a lot more ;-)