Bloggerwave is a new service offering bloggers to write reviews (such as this) for payment and advertisers to spread knowledge about their offerings through the blogsphere.
As a blogger I found the interface easy to navigate and my blog was accepted well within the stated 72 hours. Payment seems to be withheld for up to 30 days to check the availability of made reviews, but there is no lower limit for payments to be made as far as I can tell.
I haven’t signed up as an advertiser but the described workflow looks equally simple. I’m not sure about the stated SEO opportunities though, since the search engines might classify these reviews as paid links.
There is some buzz that Bloggerwave is a scam, but since it’s free all a blogger needs to do is remove the post after 30 days if the payment doesn’t show up.
Update: On june 24:th I got paid for my reviews on my other blogs, well within the stated 30 days.