Update 12/9/10: Red Alert! Readbud IS a SCAM! It’s official - see PTC Investigations for full report.
Update 10/8/10: Readbud links removed as I no longer recommend Readbud.
Well, I’ve done some more research on this fascinating and totally-new-to-me topic. What I’ve discovered is that there are a lot of paid to read (PTR) scams but so far, Readbud doesn’t appear to be one of them. I did happen across a couple of interesting sites, including a good article on Consumer Reports WebWatch about Online Work-at-Home Schemes. Although it was written in 2004, the info and warnings are still valid.
In my web travels over the years I’ve heard of paid to read email schemes where you click through to advertisers from email that comes to your inbox. No thank you - I don’t need more spam! With Readbud, the articles are accessed online at the site and no click through is required. So again, this seems like a legit opportunity but only time will tell. At this point, it’s fun and I’m only spending time that would likely be wasted surfing anyway, so nothing lost and a few cents gained!