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Blackhat is a waste of time, in my opinion. It can also be high-risk.
The main thing is this: Use Whitehat, and maybe some grayhat, to build your business and you will build lasting income sources.
Use Blackhat if you can deal with being jerk and ripping people off. It won't last, but in the short term, if you are at the forefront of a good technique, you can walk away with a good bundle of cash.
Personally, I just won't touch BH marketing at all (although I use some automated systems that I am told utilize some certain BH techniques that are considered "stable", but I am not promoting anything unethical so I don't sweat that too much).
:euro:
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