I built it because of a need and it's worked fabulously. It's hands down doubled my monthly affiliate revenue (i.e. to be clear, that's in the 4 figures).
I think where it failed however is that it's really hard to explain and I sure haven't cracked it. I get a few signups a day, few use it at all.
It's not for everyone - but it definitely works for me and it would work for anyone in the same boat (someone who needs to affiliatize hundreds/thousands of outgoing links)