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What do you consider "raking it in"?
SpookyCash had more than 6,000 affiliates in the heyday of online adult. Most of them were the beer money guys and a lot of them got treated very poorly at conventions by wannabe ballers (and real ballers who were just mean too.) The industry drove those people out to a large extent, although obviously piracy and anti-tracking surfing are factors as well.
I appreciate the affiliates we still have, but the main area I have seen a revenue decline is in affiliate-driven sales. Affiliates are contributing less to the bottom line, but, if we were to suddenly have way more affiliates in the industry, that would be good for everyone with a solid affiliate program.
Twitter is great and obviously there were no Twitter-driven joins in 2005, but Twitter requires me to use up in-house resources making someone else rich, when they are not going to give me any affiliate split for using my content.
Good affiliates provide a lot more value than that.
Using your affiliate program to trade with other programs is also nice.
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