I've been using the one entrance per free site approach for a year or 2 now and have had very decent $ results vs time spent building/submitting overall.
If I had built mirrors and submitted to 60 odd link lists instead of a dozen or so I doubt it would make much difference at all and also as mentioned above, SE traffic would be more scarce. Most of all building and submitting one entrance leaves more time in the day for me to work on other projects and the link lists that i submit to (i hope) know that i havn't just slapped them on some random mirror page that's totally useless to them.
Well that works for me, maybe not for everyone and I know there's better ideas out there, I think it was MrYum that built a few mirrors but changed the text on them all, that sort of thing has to work too.
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