Revshare programs leave too much up to someone else in order for there to be a good long term payout. PPS still are -- even if payouts dropped by 1/3 -- the most profitable way to manage traffic for the average affiliate.
You can do math all you want to, but when you factor in the time it takes to get paid this supposedly larger payout with revshare then you simply must take that into account as having a negative impact on the bottom line as far as payouts go.
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