@ Boaisso - yes, that was/is profit
@ guerilla - without giving too much away

I have been converting consistently 1+:50 on a high paying offer with clicks at .29c - $15 per 50 clicks - I have more than 100% ROI which allows for a bit of testing/playing with other similar offers (which have also converted at similar ratios). Even 1:100 would be represent a small profit.
I'd love to say it was all down to knowledge talent and skill but tbh I have just hit it lucky I guess, with the right creative/offer and have managed to scale it up a bit via multiple campaigns for the same offer across two accounts, much to the fear of my credit card company - pussies.
I did do a bit of testing (about $200) across differing niches to start with, all direct linked using stock creatives and just quickly weeded out what didn't work/pay, and gambled/scaled the one or two that did. Pretty happy considering its only my second full month doing CPL stuff!