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The only problem with your theory is that everyone and their brother "claims" to convert 1 in 200 or some shit like that...so I really don't think you'd have webmasters rushing to your door to promote you.
If you're that confident in the conversions you could break it down and pay per click, a much bigger headache of a program to run, but you'd most DEFINITELY get a lot more webmaster traffic that way.
1 in 200 at $20 per breaks down to 10 cents a click.
Knock off 2 cents to cover the increased labor and software costs of a click program. At 8 cents a click you'd get more traffic than you know what to do with.
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