I don't think it means the end of affiliates, I think it means greater competition and also perhaps a different type of affiliate.
Everyone accepts that the days of slapping a banner on a page and making megabucks from it are over. The field is perhaps open more now to affiliates with a technical ability (or those that can afford to hire it) who can make a use of the information.
In the short run, yes there will be an influx of sites all with the same or very similar content - but in the long run, there will be affiliates that find a unique way of using the product feeds to provide their visitors with a service (price comparison being an example of this). Those affiliates will attract a loyal user base.
Far from being the death of affiliate marketing, I would say the future is looking very rosey for the smaller affiliates - we now have a level playing field with the likes of Kelkoo and PriceRunner.
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