Loki, I love this idea... I've spent a couple of thousand putting together a hosted affiliate traffic tool like that aimed at celebritybling affiliates.. which was due to be ready on Nov 1st.. Dec 1st... Jan 1st..
Not as full on as your site though.. not sure i would want to give affiliates admin access to phpnuke.
Using GEOip, browser language and incoming referer queries to filter the traffic is a big part of my angle on it too.
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