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I'm sure that's true but it doesn't necessarily make VOD a superior product.
Paysites get rebills, re-joins etc, obviously not at the 80% level, however the paysites give referring webmasters a much larger share of the gross billings than a VOD company will.
In the end it's all about $$ per click or per impression, not about whatever statistics you can focus on to make your product look superior.
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