I don't think so, you can actually have back links to own blogs from AdSense revenue sharing websites.
Anyway, I prefer to work in Google AdSense revenue sharing websites. You don't have to bother about hosting, developing, link building in general, site structure, ad placement, fixing technical errors, protection against hacking, tackling spammers - the list is pretty long. Above all, you do not need to worry about staying complaint to Google's ever-growing list of terms and conditions. Since it is their business, they take good care about it. Seekyt.com got their AdSense back even after a rejection; good luck trying that from your own blog!