Your SE traffic will always be better (conversion wise) than your TGP traffic IMHO.
The TGP traffic (and big linklist traffic) will give you a big rise in your logs but not in your sales as far as I have always found.
You can increase your SE traffic by building and linking and building and linking. Once the sites are established in the SEs then you should not see the fall off at reindex time (usually, although I have had google screw me big time once or twice). I have fallen out of the SEs at time when I made changes to capitalize on the various terms people were finding me on, not always a good move I have never fallen out when I have just provided more links in to the site.
Being listed on the big guys TGPs and Linklists can definitely help with the SEs though, so it is not necessarily a straight either/or.
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