Genuine4532,
From personal experience Squidoo is great. Seth made it to be marketing friendly. The lens you build does not cancel out your site. It is intended to complement it. Squidoo lenses seem to get indexed quicker on Google then static webpages or blogs. It's basically like submitting articles that point back to your site but you have more control. I have a lens that I barely touch but get traffic from it. The only thing I do consistently is in the module I set up to display snippets from blog post. I have used Squidoo and it does work. Lenses are relatively easy to set up and publish. You can link back to your site or even affiliate sites. It helps with branding also. It's worth a try.
I haven't used HubPages yet but from what I have read it is similar to Squidoo. Both also have other ways to monetize your lens and hub page with Adsense, Amazon and other vendors as well.
