Scriptlance

just for fun I signed up at scriptlance. (http://www.scriptlance.com) So now I get to waste my time reading emails about these projects.
I have questions: How can doing ANYTHING for $5 generate any income for anyone. The overhead of just your time to check your emails and set up the job would surely cost more than that. Yet I see a lot of little jobs bid at $5. by newbies I guess hoping to lowball, treat it as a loss leader and get the gig so they can get a notch in their belt. It seems like you could get a bunch of your friends to sign up and award you fake projects with fake pay (I mean like you pay it back) and you could get a rep that way. Well if there is always some newbie willing to bid the job for $5, how can anyone ever expect to be paid reasonably for any work done through there. Secondly some of these projects are so poorly specified that it's hard to say whether it's a 30 minute job or a three week job. So you see bids for $20 and $30 and they say can be done. Well duh, ANYTHING, well OK, pretty much ANYTHING, can be done.
Thirdly, there's some premium service you can buy from scriptlance, like makes you privvy first and some other advantages. My experience with these premium sites is that's what they're really trying to sell, and they give out only tantalizing crumbs to people who don't sign up for the premium. But it's not very well explained anyway. You can't ever see anything on the project message boards, they seem to be private conversations between the bidder & the job guy, so why do they even post them. And half the jobs that come through are "private" you can't even see a description of it unless you're "invited."

So maybe someone who makes a big go of scriptlance can come through here and explain how one can break into the in-group. Oh, wait, no, that probably won't happen either. If I were sucking good bucks through the teat of script lance I would probably bogart how I did it, wouldn't want to share that pie.
Point is, I can't find much serious discussion about how effective it is, but my sense is it's a few making a killing at the expense and inconvenience of the many.

Unfortunately (remember I am nemo) very few people read MY blog, so I don't expect any comments. I sure would like to know what other scripters and script-hirers REALLY think.