Is this method really feasible and does it work today?

Shortcuts, shortcuts, shortcuts :) Everybody is searching for them even before doing the hard stuff.

I'm just getting my feet wet and even this seems hard to me. Can I ask why this is a shortcut? It is still tiered link building, I thought that was good stuff?
 
From my perspective it's easier to build a long-term business by learning the so-called "white-hat" stuff at the beginning. Spun content is useful, but you need to know what quality content is before understanding what to do with spun content. Else, you will be in the shoes of so many people who are crying our loud whenever Google makes an update.

And the examples can continue...

I'm just getting my feet wet and even this seems hard to me. Can I ask why this is a shortcut? It is still tiered link building, I thought that was good stuff?
 
It does work, but not as easy as he laid out sadly.
 
You won't lose anything by trying it out, may or may not work for you but nothing beats learning through experience.
 
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