Wow I really like this topic.
First of all CD -- you are a webmaster... You design and run your site the WAY YOU WANT TO... In essence YOU HAVE A SCRIPT -- or a process that you follow when updating your site. You COULD code a script to automate that process for you! That's why I coded my script. My site needed to be updated every day and I was turning away 90% of my link trade requests because I knew in my heart that I would just not be able to keep up with all the dead links, redirected traffic, changed sites, looking through hundreds of referrers, etc... Also I owed the IRS a bunch of money -- I was like fuck I need to come up with a solution -- so I wrote my script so that I could trade with a LOT more sites...
NOW I do have problems w/ my script. First of all my script is entirely unique since I coded it from scratch and nobody has one quite like it. Very simply though my script, on the whole, *usually* sends back less traffic than it takes in. This is really my own fault -- either a design flaw in my site, lack of frequent updates, or because I have too much content... It's not because I have too many ads because I really have very few ads on my site I think...
In any case -- for those that don't know much about scripts... Most of these scripted sites work with only blind links. That's because the programmers of these scripts are too fucking stupid and lazy IMHO to work with non-blind links. Most of these scripts don't chage the content of the HTML -- they may use the same blind link to send traffic to a several dozen sites... So you may have a link that says "donkey loving" sending traffic to a leg fetish site -- which is totally a waste of traffic for many reasons which I don't have time to explain here. Blind links send out a lot of traffic which improve "productivity" -- which in essence gives everyone a false sense of security and reward. Most people that trade w/ scripted sites do get back what they put in -- but generally it's totally bullshit traffic like CD is saying.
That's another reason why I wrote my script -- because I realized that this new generation of sites was sending me tons of totally useless traffic and I had NO IDEA who was sending me quality traffic and who was sending me SHIT! The days of the top 10 rankings were DEAD AND GONE a LONG ASS TIME AGO! Anyone that uses a top 10 script is TOOL! Your top referrers are most likely sending you total SHIT traffic and you are getting SCREWED!
Secondly -- when you trade w/ scripted sites that have 75-99% blind links... You lose. BECAUSE your surfers will get pissed at you for sending them to a shit site. This lowers your credibility AND your signups will GO DOWN because WHO TRUSTS A LIAR?!!
Also many of the scripts can be cheated -- in that case the cheaters get your good traffic -- meanwhile someone like CD is getting fucked over.
Most of these script sites have NO FUTURE. Build something that will last -- something that will grow. Did you know that when you build a quality site -- SURFERS REMEMBER YOU -- word-of-mouth traffic is the #1 source of traffic! How many times have you been in a bar or in school and heard guys talking about their favorite sites! It's true! And the best part of having a quality site is that you will have fans -- and many of these fans will be webmasters! And many of these fans will BECOME webmasters! They will ask *YOU* for trades. They will *WANT* to trade with your site! Also -- when you have a quality site without blind links and original content that you have permission to use... You will ATTRACT the attention of other webmasters with quality sites! As soon as I started adding more pics to my site I started getting better quality submissions!
Anyway I could go on -- 99% of this is common sense but most webmasters fail to see it... There are no get-rick-quick answers. The people that are making money bust there ass -- they work hard on their sites. Remember that surfers are real people -- not just numbers. When you treat them like people -- in the long run I think you will make money money.
Another problem w/ scripted sites -- all the links that look like this go.cgi?2352533&ID=5445gfdFGDFG+fuck_me -- you know that scares off a lot of surfers... Even with mouseovers... But there's not much we can do -- the future is all cgi or php or whatever -- so surfers just need to get used to all those wierd link codes... But I think that hurts output somewhat. Also SE's have a hard time w/ scripted sites so I think scripted sites get less SE traffic than most other sites...
If you want to trade links -- I will do what CD hates... Submit to my script here --
http://www.thefly.net/cgi-bin/newuser.cgi
You don't have to send me ANY traffic until I review and approve of your site, I add you to my database, initially send you some traffic, and contact you... Also if I like your site and you have some unique content I can provide you w/ a fixed link that is unaffected by the script (but I still track the traffic ;)
In the end though a script is just a way to automate our daily (boring) routine of updating our pages... But a script is only as good as its programmer and the ideas and thinking behind it.