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I would start worrying the day that your checks bounce. I know that Hawg has a good program and they are smart enough to make sure they have the backing they need to pay webmasters for their signups. They probably aren't sending out 4 per day anyways.
A long time ago, we used to sell portions of our mailers from newest to oldest so some of the new members would get more mailers than the members who had been with us for some time. It's very important to make sure that whatever is sent out converts so this is probably what they are doing. Just testing on newer members for ratios to see if the other programs are worthy of a permanent spot. I could be wrong. I can't speak for them.
The surfer is a lucky bastard anyways. As long as they are getting what they are promised who cares? Besides if they even realized that only the best programs out there are going to be included in their "spam" they wouldn't be unsubscribing. I wish more webmasters would include this point in their sales speels.
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