What's the purpose of Recycling?

so, let's see, basically what the recycling is all about?

to put it plain and simple - recycling is meant to replace refs who are not profitable (or we think they are not profitable) with new ones, with expectations that MAY BE new ones will be better then those replaced - correct?
(here I say MAY BE - because nobody can know or guarantee it, since according to TOS 3.4 it is said that "we cannot predict or assure how they will behave afterward"- alright? )

so, basically, we do recycle "bad refs" for the sole purpose of INCREASING our actual / real / pure profit - Ok?
(yeah, may be some people forget about profit and are excited about getting "higher Avg" LOL
but entirely forgetting that seemingly "High Avg" doesn't necessarily means PROFIT, but very well may mean rather LOSS !)

here is a good quote about it, among many others out there:

What's a high AVG good for when you spend all of your profit if not even more on recycling. Think about it, you need to balance income & expenses if you want to earn.

So, with this in mind - that we actually pursue the PROFIT, not Guinness Book records for "High Avg"- let's proceed towards the further understanding the whole concept of Recycling properly....


now, from reading many threads in Forum I see that majority of people have a misconception, or even several misconceptions, such as:

1. as already mentioned above - they think that recycling is meant merely for
a) getting rid of ref with "low" individual Avg;
b) with hope to get ref with "high" individual Avg;
c) thus attempting to increase overall Avg of all the refs;
d) and thinking that overall "high" Avg automatically means real Profit !


2. also, in estimating what is "low" or "high" Avg, different people have different ideas:

- some just bluntly look at what is being shown in Avg column on the Ref's page- let's call it Basic Avg- and judge by that Avg, not even bothering to as much as opening the 10-days mini-graph of each ref.

- other people may be more shrewd and check what I call the Current Avg - i.e. check individual 10-days mini-graph of each ref, summing up all the clicks made within that 10 days period, and THEN getting this current Avg;
(which often may greatly differ from what is shown in Avg column)

- yet some other people may install the Kwah's script (brief description here) which shows many useful things such as Real Avg, Sums of Avgs for 5, 7, 10 days, detailed stats for EACH ref!

- and finally there are perhaps very few people who bother to read Schen's thread or similar, and use SS (Spread-Sheets), FF (Flag-Filters), compare data for CP (Click-Patterns), etc.- in other words, do more thorough analysis of RRs during certain periods of times - to obtain the fuller picture for a better decision of what can be called the Overall Avg of particular ref, or shall we call it "Avg Pattern": sets of Current Avgs for several (not just last 1!) 10-days periods, during the whole rental period of of that ref, compared with each other.