Hi,
I can understand your frustration because my stats are quite the same with all sponsors. From 800 per month to 70 at Bang bross and from 700 to 70 at Nasty in about 16 months it is pretty obvious of what trend will follow.
Overall conversion is in sponsors yard and traffic belong to webmasters. Words like oversaturated, overexposed, overadvertised and so on are still on sponsors yard and it's their job to make a site to convert almost the same all the time. Having so low conversions on my own TGPs I start working with ppc programs and makes me quite the same. I sent all new sponsors to buy ppc add place. So far they didn't cause there are a lot like you who send traffic like hell.
With ppc u can have around 1-2c per click so whatever makes u less then that u should look into this.
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