Even the FAQ is not yet ready.
However I registered two of my blogs and both are approved. The pay rate is from $2.50 to $15.00.
They pay through Paypal and Stormpay.
Like sponsored reviews and smorty, Paid Post is also a market place for bloggers and advertisers. Advertisers post all sorts of post requests, from a simple "link back to this site" to in-depth product reviews. It's up to each blogger to pick the requests that best suit them.
It is free to join but when I completed my sign up, I saw, 'Click here to pay your initial deposit'. The website has some bugs obviously.

Oh yes, one more. They too provide your affiliate link.
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