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It can be a very lucrative route, depending on how you monetise. A minisite has an increased chance of getting small numbers of natural referrals from the engines. Then its a case of scale. You probabably need 100's of sites to get lots of clicks though. Some Yahoo ppc affiliates do this and if...
Grt a ppc feed that you can control, yahoo, miva etc and build some micro sites on your domains, then you can get paid top nosh if your traffic is good and you have volume. Cut out the middleman, pm me if you want to know more.
I have a YSM feed and find QS very unpredictable, bad one week then fair/good the next. It has no obvious pattern and there is very little intel or help on which verticals are performing well and which are not. Its very worrying for partners when scores go low and you can't establish the reason...