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If you pull that stunt on the affiliate I hope he keeps the site up high in the SE's and sends it somewhere else. It's not like you can take his domain name.
IMO, you are fucking yourself if you do that, and it is a prick move.
I have seen some sites that specifically say they don't want their sites promoted that way, which is fine, but you should make that clear before someone signs up and puts a bunch of work into promoting your site.
It's not like it is even a typo or type-in, he had to work to get that SE position.
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