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Well I started AVS site (see sig) - using DeluxePass you can open it for affiliates as well (I did)
What are the advanatges - well, DeluxePass gives their members about 10 000 Gigs of downloadable porn movies which means GREAT retention, for you to achieve the same with a small paysite is impossible.
Another good thing is that you have your own domain (if the shit hits the fan you can always bail out), you don't have to worry about hosting, hotlink protection, etc, they take care of all that.
All in all it is probably better to start a paysite though (I'll prob. be doing this at the end of the year - like start whatevercash..) since you're 100% in control, but you have to make sure that this is what you want to spend most of your time on, also starting your paysite will cost you at least 10 times more
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