Free iPod? Does this work?

I signed up for an account over at I have heard of people doing this and I wonder if this actually works. I am trying it because I want to talk about it on my podcast, Technorama.

To make this work, you have to sign up for an account, accept one of their offers, and get 5 friends to sign up also using your referral. I signed up and accepted the offer for the Rhapsody service which was only 99 cents. Just watch out for all the other offers for stuff as you are setting up your account.

If you use my referral code by clicking here, let me know, I will reciprocate.

I know this sounds like an piece of spam, but what do you do? I will probably regret putting this up.