Posts: 8
Location: www.phpfoxhosting.com
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As mentioned above, you need to decide on the core requirements for your site first (community participation, SEO, monetization, low server performance overhead, etc)...
Joomla (and Drupal) are full-featured CMS systems that will undoubtedly offer all the features your site may need, but they also will undoubtedly require far more development and administration effort. They are also clearly more server resource intensive than lighter weight solutions such as WordPress. Again, there are also many efficient forum systems that are integrating social networking aspects; my favorite free ones include MyBB, SMF forums and, to a lesser extent, PHPbb . The big paid forum providers are IPB (Invision Power Board), vBulletin and UBB.
The best would be to visit those software sites, look through their existing demo sites, but more importantly, actual developped sites and see which one fits your business model and budget (both deployment and operational) most closely.
Keep in mind that the software license and development costs are often the least important component; there is a significant effort required in managing and fostering a successful community.
Rob
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