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Originally Posted by Sly
The only way you'll ever know is by trying out for yourself.
I've personally seen the difference, on two different occasions. Which is why as an affiliate I will very rarely send traffic to programs that are not cascading. If the site owner wants to leave money on the table that's his decision, I'll stick with sending my traffic to those that are eager to process every interested surfer possible.
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If I was an affiliate I'd be afraid of losing credit for the sale somewhere in the middle of all that extra processing. From some of the things I've been hearing from trusted people in the business it's highly likely to happen.