I have been telling people about how bad PayPal is for a long time and most people tell me its all in my head. Oh well, they'll learn for themselves when they wake up one day and find their account locked up.
Could consider 2CheckOut depending on what you are selling. They dont accept most adult products, but they do accept lingerie sales, fetish sites (if no nudity is shown), web design and *maybe* traffic brokers and some other sidelines. They also take dating sites now. But they wont allow anything with nudity in it - the fetish sites are kinda borderline.
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http://www.2checkout.com/cgi-bin/aff.2c?affid=35199