For the most part, I agree with you. But in this case (which is why I'm asking from those that "are" or "have been" affiliates) these are the stats as of today from CBEngine:
This program is currently ranked #5 in E-Business & E-Marketing: Affiliate Marketing
Millionaire Society - Already Paid $7,042,774.72 To Affiliates!
Lowest Refunds In The Market Because Customers Love This Product! Long Term Money Maker. Monthly Recurring With Upsells! Bump Your Commission To 100% Inside Our Affiliate Command Center! Go To www.millionairesociety.com/affiliate
Vendor ID msociety
Billing Type Recurring
Gravity 143.82 -7.58
Avg %/sale 50%
Avg $/sale $77.88
Initial $/sale $7.82
Avg Rebill Total $70.45
Avg %/rebill 39%
Activate Date Nov 9, 2010 (clickbank)
First Seen Nov 12, 2010
As you can see, it's been around awhile and ranked #5 and clearly has great payouts.
May I ask if your friend has had any experience with this program? S/he'd be a great source for the information I'm looking for. Thanks (get him on this forum!).