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Secondly if you have unique content it will be promptly stolen by other asian site webmasters. Even if you have watermarked it.
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Tell me about it. Brad, the owner of R-A-W.com the Asian Webmaster forum was stealing my content. His defense? He didn't know it was mine when he downloaded it from the free sites he normally steals from to keep his sites updated. The funny thing is that theft is the norm in the Asian niche so he was actually posting this on a public forum! On legal advice he went back and deleted the posts and blocked me from the forum the next day but it was still pretty wild.