Readbud

So I have gotten word of a new website, which could be a hit or a miss but I thought why not give it a try? It is just another way to earn a few pennies online, however it could be worth your time if it is able to provide enough work.
The website in question is

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The way it works is that you sign up and read articles for a small payout. Ideally you would ACTUALLY READ the given article, notice the advertisements and maybe even click on some. In reality all you do is open the offered article, scroll to the bottom and give it a 1-5 rating.
Before you open each article you will be notified how much that specific article is paid. I have spent 12 minutes on the website, 15 including account set up, and have earned $1.16.
The articles I have read were paid from $0.04-0.10.
When you sign up you will be asked to choose up to 50 interest areas, these are the areas in which you will receive the articles you will read. DO select all 50 choices. You can change your selection once every 24hrs if you want to keep things interesting or just get more articles heading your way.
How much you get paid per article depends on its length.

Article content word count and corresponding rewards:

• Under 100 : 1 cent
• Between 101 and 200 : 2 cents
• Between 201 and 300 : 3 cents
• Between 301 and 400 : 4 cents
• Between 401 and 500 : 5 cents
• Between 501 and 600 : 6 cents
• Between 601 and 700 : 7 cents
• Between 701 and 800 : 8 cents
• Between 801 and 900 : 9 cents
• Between 901 and 1500 : 10 cents
• Between 1501 and 2000 : 15 cents
• Over 2000 : 20 cents

I have been offered only 21 articles so far and have easily gone through them in 12 minutes while doing three other things at the same time.

Assuming the website can provide enough articles, I think its worth the time. At this rate if I spent the whole hour doing this I'd be paid $5.80 an hour... Not too bad for an online gig.
They have a pretty high minimum for the payout. You will need to earn $50.00 before you can request a payment. They will pay you via Paypal so that is pretty decent as well.
They have refferal programs where you get $5.00 when the person which signed up through you reaches their minimum payout amount.
On paper the website looks great, however I have spent only 15 minutes on it so far and it will take some time to see if it is 100% legit, and whether it has enough articles for me to rate.
If you are interested in trying it out please sign up through the above link as my referral.