K - so I've been out of the SE worlk for a few years and now I see a need to build up some fresh traffic for a new project... and I go to reading up on the subject.
This about right? 
1. You can't do Yahoo anymore - unless you want to pay them $600 to even fucking LOOK at the site.
2. Google, AOL, DirectHit, HitBot, Lycos, and Nutscrape still have submit areas - but you really have to be in DMOZ to get listed first because of link popularity - then they pick you up automatically making the manual submit areas pretty much useless.
5. DMOZ is seventeen months behind on average - so you can't get listed there, can't get listed on the aforementioned SE's and thus... can't get traffic.
4. Everyone's TOS hates people who use autosubmitters so you have to do it manually (not that that is a big deal - just kind-of a pain).
5. SE spammers get automatically listed/updated/toplisted magically in all SE's and the honest webmasters get put on result page 1,751 near the bottom.
That about right? Or am I missing something. Just want to know what I am getting in to before I waste my time...
Anyone have anything encouraging to say that will cheer me up and give me hope?