The word is still out on this one as its been difficult to find any information - good or bad!
Bottom line, it looks like a typical, over-hyped, MLM type of offer that is probably a waste of your time and money. But we'd love to hear feedback from anyone who has actually paid the Project Payday fee.
I actually paid the money and got the information. I have gotten $55.00 so far and have only worked for about 2 hours. You fill out offers for people and they pay you to do it. The forums you gain access to help you get started. you can move up to where you are paying people to complete offers and getting even bigger paychecks. It's awesome. You get out of it, what you put into it. It's definalty not a get rich quick scheme.
Project Payday is a swapping of signing up for offers. Many of these offers require you to purchase something such as "Learn to Ebay from home" or "Google for Profits" type of subscriptions. The companies try to hook you in by offering their "free" trial lasting a week or so and then begin charging your credit card on a monthly basis.
The premise of Project Payday is if you refer enough people to a specific site and they sign up for the required number of offers, they receive a free gift. The number of people required to sign up under you depends on the gift value. Although it is not a scam, it can potentially cost more money to sign up for the offers than the gift is actually worth.
This would be something that I would say "Proceed With EXTREME Caution" with. While you can make money signing up for offers for someone else, you have to be extremely careful that the offer you sign up for will not cost you more than the money you will receive. If you get caught signing up for offers and canceling them right away, you could be blacklisted.
They now have a forum called freelunchroom.com. I had nothing but problems when I tried to use this method of money making, but other people have had success with it.
I agree with se8pdsm - I think its a waste of your time. I've tried various survey things and nothing ever came of them. I don't think its a scam but its not really a job either and its almost impossible to make any real money.
I did it for a while, but the caveat was that the sites would not verify that I had completed the offer, so the requestor would not pay until that occurred..I even paid for two different offers, got the product, and still the person would not pay me, because the site had never sent the confirmation.