Well, fred could determine what the worth of his time is -- which obviously is not $5.
>>The problem is it really doesn't solve any problem for Fred. He will still get a shitload of email.
Yes, but if he redirects all unsolicited, inbound requests through such a service, then it might make a small dent in his inbox (how small/big hard to say, but even if it is a 1-5% improvement, its huge).