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I think the answer to your first question would be yes but then the question I would ask is why.
What I would do is create a single general niche blog and then split out the categories and treat them as seperate blogs. With wordpress's templating system you could even have different templates for each category.
In other words, I might start with amateurs as the general, then solo girls as a category...etc. Link trade at the root with general amateur sites and link trade at the category level with solo girl sites.
Some people get a little snooty about having an index page link but fuck'em. It's more important to have a relevant trade than where it appears on a site. Just most people don't know how to build any link juice to anything other than the blog index.
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