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Originally Posted by JOKEREMPIRE
Sure, if you have the $$ to buy the traffic you don't need affiliates.
But think about the fact that you pay the traffic even if it converts or not, you take over the risk of the affiliate.
Plus you will most likely have a hard time getting the same variety of traffic that makes affiliates interesting.
There are just so many people/sites out there selling their traffic.
Think about that. 
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I have thought about it, long and hard.
First you do not have to buy all your traffic, and if you do it should always be watched to make sure it generates a profit.
Same variety? Any program can submit to the same places. They can get partner accounts at the same places and so on. Only variety difference is with the very large affiliates who have a clenched fist over a given traffic source. Then odds are most 50/50 programs will not be pushed by them anyways.