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The problem with threads like these is that you can't get honest answers from most people.
90% of the posters here are program owners, program reps, or sigwhores who are going to say their program (or the program that's paying them) is doing awesome....even if sales are down by 70% or something like that.
Sales are shit for sure....but I think it's the economy more than it is the tubes. Sure the tubes hurt...but if your ratios are going to shit and you're making less money on the same traffic, then it's more likely the economy.
If tubes were the problem it wouldn't affect your ratios, because those surfers aren't going to click an ad for a paysite.
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