I have many publishers that are still making $12+ per click and some that are doing high $X,XXX per day or even more. The model is not flawed, your traffic just needs to be more targeted to customers with higher intent.
well yeah. but you won't get many "normal" affiliates on there because they don't want to deal with Net 30 payments (even though you guys take net 60 or some bullshit from insurers, so it makes sense)