I am using an 8 ohm speaker for the mic remember.If it is a dynamic speaker (remember what I said about the physics and how many types there are.) it will work better than most mikes, but the frequency response won't be as good.
A condenser microphone is much harder to use. We are trying for simplicity (I thought). A carbon is much easier to use (which is why it was the standard for the phone company from before tubes were invented until LSI, large scale integration). A carbon mic really doesn't need much of an amp, while a condensor mic generates much smaller signals.
So did you get any readings with a DVM off this circuit? If you want I'll throw something together and test it along side, but electrit and condenser mics are close cousins, don't use them until you have something better to drive a speaker with.
The quickest way to tell if it is working is to put the mic next to the speaker. If you have acoustic squeal then it's happening.
I am just really not sure how good of a microphone a speaker is, because think about it. The diaphragm of a microphone is made to respond to vibrations in the air (relatively weak force) while the diaphragm of a speaker is made to respond to a magnetic force (much stronger) .
Speakers were not made to be used as microphones.
I will try the circuit again and if it doesn't work we can worry about feedback and whatever else improves the gain of an amplifier. I should really finish reading the BJT transistor section of AAC.