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2003 when I started had simple text link TGP's with minimal but high quality targeted traffic making 1-x, 1-xxx consistent sign up ratios. Ratios may have swung up a little but can still do well if you focus on quality targeted traffic over quantity bullshit traffic and target Niche sites.
Today most of my adult income comes from Cams and Niche sites. Money still to be made you just gotta adapt to the changing landscape as applying 2003 formulas in 2014 will just leave you lying on your couch saying "those were the days". Invest+Analyze+Tweak=Success Applying the same techniques and expecting different results=Fail I've also invested adult income into mainstream projects over the years just as a backup as I figure small-medium streams of income from all directions is less risky than 1 major stream.
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