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Alex is right but there are some things to consider. A top 100 webmaster could be 1 sale but the top 10 of many programs send 5-10+ sales a day so that adds up fast. Those companies are still making a lot of money. Granted not as much as people may think in some cases.
There are several programs that have popped up. Many have come and gone but some have taken off nicely. Usually the ones that have taken off like Naughty are run by guys who have been around for a while and just expanded into paysites though. So not really a newbie per say.
So Alex is right in that sense, a newbie doing it is rare.
Mark I agree. People have been saying for YEARS...it's dried up. Get out now, blah blah blah.
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