Depends. Most of the time you are probably right. Although, we haven't sent a signup to BangBus.com in a year and we still get 20,000 dollar checks in the mail. Back in the day we built a huge base of recurring subscribers and Ox Cash pays us every time without fail.
We've gotten screwed a few times too though.
You win some and you lose some, I guess. We generally send to partner programs only those fantastic exclusive content sites that are highly likely to retain. Otherwise, you've got to send it to PPS. Overall, a mix is the best strategy IMHO.
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Rick Latona
http://latonas.com
Latona's - We Sell Money Making Web Properties
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