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This is a great deal. Getting to the front page of Digg can easily generate 500 backlinks... quality backlinks.
Anyone launching a new web site should consider this. It's a great way to jump past 'supplemental' status with Google.
Just don't expect to earn 500+ bucks from the day's hits. Digg users are a different breed. I don't think there's a chance they'll buy or click anything that earns you a profit.
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