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The only problem with your method is that it assumes all affiliates are equally responsible for the hahaha8220;untraceablehahaha8221; revenue. Different promotional strategies and traffic sources will result in different amounts of type-ins etc.
For example, an affiliate advertising using text links will bring in much less type-in traffic than an affiliate using your watermarked content. Using your method, the text link guy gets more than he deserves.
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