For both the affiliate side of things and, the program owners side of things?

I remember a time when PPC affiliate programs were all the rage, affiliates could earn up to $0.30 for each genuine click they sent to a sponsor and, as long as you had conversions of around 1:2000 you would be paid for each and every click you sent.. Ah the good days of interweb porn

Now it seems like finding a PPC sponsor that pays more than $0.00001 per click is impossible to do.

I see a lot more programs running with both revshare and PPS these days, using the revshare accounts to subsidize the PPS accounts fundings.

So what do you folks think the mos profitabl business model for an actual sponsor program and for an affiliate webmaster are and why?

Regards,

Lee