A Good Conversion Rate For AM to See?

Okay so I've been implementing this new blackhat method of mine, in the past I've always purchased junk traffic and really diluted the conversion rate down to about 5%.

But I'm tired of doing this now, especially when its costing me a few hundred a month from Findology.

Whats an acceptable conversion rate to have?

Wouldn't about 40% be okay if you told them that I was using a landing page, and thus the actual conversion rate is much lower?

I had a look at my stats from my whitehat site for freebie offers and I see my legit conversion rate is often as high as 40% ($1 EPC).

Let me know what you think.

Another thing that I was thinking about recently (it's completely different but rather than starting a new thread I'll just post it here) is blanking the referrer,

Doesn't AM's find it dodgy when the referrer is constantly blanked?

Could someone direct me to a thread on how to disguise the referrer as a whitehat site?

I appreciate the help!

why dont you just ask your am on a new offer what the average conversion rate is

it all depends on the product rud*e.com an adult affiliate bosts 1:12 for their free sign up and there paid 1 dollar trail is 1:390
i hope this helps
5% is 1:20 40% is like 1:2 almost half I would stick with the lowest conversion rate possible and or give your am the bs story "oh I use xrummer for back links on my do follow forum etc I use y**utube, and other web 2.0 sites..."