For anybody here who knows anything about this, can you tell me if it's possible to use the faucets to acquire bitcoins, then sell them?
Example: I get 1 bitcoin, I go onto an exchange site and sell it and receive £180.
Well sure you could do that, but it'd probably take you all year to get a whole bitcoin from a faucet. You only get dust for them and certainly not worth your time doing. IF you want to earn any significant amount of coin you'll just have to earn it other ways I'm afraid.