Is Serp Shaker Still A Viable Approach To Creating Lead Gen Properties To Rent Out?

In episode 102 of our weekly Hump Day Hangouts, one participant asked about the efficacy of Serp Shaker in creating lead gen properties to rent out.

The exact question was:

1) Is using Serp Shaker still a viable approach to creating lead gen properties to rent out? It would seem if I can deal with making each page somewhat unique and have some quality incoming links to a few of the category pages, then I would have a valuable property that is going to hang around for a while. What are your thoughts about this?