It is working fine for me - have had GayDome, LesboErotica, UltraVideos, and VoyeurGals so far this Pay Period. I did a little better this time last Period, but only because there was more traffic - conversions seem about the same (can't tell for sure as I can't pull up my stats right now).
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TopBucks.com - Converting at better than 1:130
David Lace Content - Highest Quality Teen Content
ConversionCash.com - Make Money off your WebTV Traffic