Some good points here... and I can especially relate to Mike's comment on the quality of sites. Revshare programs need this in particular.
I don't want to get into the nudge nudge wink wink aspects of running a pps program that pays $40+ per free signup, though. Those kinds of numbers have never made any sense no matter what spin you put on it.
Marc, at Triplexcash (for example), all the sites contain exclusive content with almost no 3rd party content. Retention is good because the surfers get something unique on every update. Also, most of our traffic is from the TGP circle of webmasters and the conversions would impress you. These are surfers who know the game better than any others, I'm sure you would agree. Also, you shouldn't base all your calculations on 50%. I can offer you 60% and we'll both make a lot of money.
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