What's a Bogazoo?

[walbar]

It appears that the new blog traffic exchange has officially launched.
You can sign up for free and begin promoting your site. This can create potentially hundreds or thousands of new visits to your blog.

To sign up just click below:

http://blogazoo.com/?rid=122

[prctshplc]

I have never heard this kind of word. So am little bit afraid that is it helpful or just waste of time? If anybody used it then share here your experience so I can try it.