As a former Management Consultant (i.e. all rounder) I often despair of the naivete of the web.
This whole argument is irrational as it questions the unquestionable rule of advertising;
"The more you tell the more you sell"
Yes the traffic surge from getting on the power list does have little lasting benefit and few people engage with the content, but isn't that also true of a newspaper or T.V. ad.Lots of people look, a few will engage by seeking further information.
So we need those rushes and we need eye catching headlines (not cutesypie little creastures dancing, that is not eyecatching, its just irritating) and we need quality content to engage the minds that own the eyes we catch.
Each of the rushes puts the name of your website into more people's minds though, and slowly quality traffic builds.
Webheads should stop deluding themselves that the web rewrites the rule book. The Web just has learning difficulties that prevent its opinion leaders understanding nothing they have done so far is very original (and most of it is not very good to be honest). Constantly reinventing the wheel is a pointless exercise.
machiavelli.blog.co.uk/main