KimmyKim -
Good points.
Yes, I agree some of the HUGE programs can maybe, just maybe, get away with $35/signup and still make money. But, I would say there are no more than 5 or so programs that *I FEEL* could do it.
Even then, I have not seen the numbers there. However, I still am very pessimistic. ;) I for one do not think the huge programs are "shaving" in that they have a nifty little tool that sets a percentage. Those places have far too many employees, and eventually someday, someone will get pissed off and let the cat out of the bag.
However, I do feel there may be some "inadvertant" stuff going on there.. I.e. tracking not up to par, whatever. When you're talking razor-thin margins on huge volume, it doesn't take many "oversights" to make that margin increase substantially..
Of course, we're getting far out of my actual experience here, so it's all heresay.
-Phil