I raise Angora rabbits now after much research about wool and meat rabbits- a German (with giant genetics), 3 Satins and a non Angora blue dwarf. The reason that I went with wool rabbits was ultimately because rabbits scream like a small child when you kill them and I figured I just couldn't handle that. I would caution against raising wool rabbits for meat for only one reason: Angoras produce small litters and are not particularly good mothers. Meat breeds, however produce large litters and raise them well so you don't have to. Another thing to consider is that Angoras are impossibly cute and full of character, while the meat breeds are pretty banal, much like the way meat poultry are uninteresting and unfriendly while egg producers have soft eyes, pretty feathers and friendly personalities. I am currently on a small urban land, so woolers made sense for us, however if/when I move to a rural property we will raise 2 separate breeds for wool and meat starting with good stock for the meat rabbits. I'll just have to have someone else do the culling...I can handle everything but the screaming...
Angora fiber is going for up to $8/oz, so combined with $4/lb for rabbit meat, and $5-$8 a 5 gal bucket for manure, and $20 a tanned pelt, there is a viable market in rabbits.