Neah, that s the standard bullshit. Demonstrate them that you have a solid tube with a good degree of popularity and they will make you one, no questions asked.
The only fucked up part: the domain that you will be using for the wl, must have the whois info modified with all their details, so practically your wl domain will be theirs if they want to.
My advice: if you have a separate solid cam domain for your wl, don t even bother, go with someone else who will not ask practically to hand your domain over to them for just having the "privilege" to make you a wl.
Let me give you an example:
http://who.is/whois/pornhublive
Streamate is the full owner of this domain and they are using their standard srsplus reseller where they transfer all these assets from the owners. (you will sign some papers, that's right and there is nothing you can do about it to get your domain back)
By the way, have i told you also that all streamate wl's are penalized in google and there is nothing you can do about it?