Craigslist is a centralized network of online urban communities, featuring free classified advertisements (with jobs, internships, housing, personals, for sale/barter/wanted, services, community, gigs, resume, and pets categories) and forums sorted by various topics. Founded in 1995 by Craig Newmark for the San Francisco Bay Area. As of November 2006, Craigslist had established itself in approximately 450 cities all over the world. It serves over 5 billion page views per month, putting it in 7th place overall among web sites world wide, 9th place overall among web sites in the United States (per Alexa.com on December 29, 2006), to 10 million unique visitors. With over 10 million new classified ads each month, Craigslist is the leading classifieds service in any medium. The site receives over 500,000 new job listings each month, making it one of the top job boards in the world.
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I have been playing around with craigslist the past few days and not getting much traffic from it. Possibly I'm posting for a topic that jives with what people are looking for on craigslist. I will try a few more topics before I give up, but not much success so far.
In my experience you won't get many visitors from Craigslist. The main benefit is link building from a high PR site - but the posts expire after 90 (?) days.
Craiglist can give you some trafic if you do it properly and dont spam it. I tried it before and it gve me a good ranking ads. (very near to my site SERPs) just dont try to spam craiglist to put your ads. it will decrease the value of craiglist.