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With the right affiliates, absolutely.
But you need to filter out the crap right off the hop. Do not allow anyone to just join the program. Hand approve those webmasters who can prove they have a valid site they will be promoting you on. Allow promo passes only after they've sent an actual join. Don't do anything unless they sent a join (banners, fansigns, etc etc.)
You'll find the majority of webmasters who can and will send traffic and joins will be low maintenance. For instance i've sent a program thousands of dollars in referrals over the last 2-3 years, and only ask the owner for a pass once a long time ago. Everything else I can do myself.
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i like waffles
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