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Where's the proof on the sales page? Before I buy anything like this, I need to know that the author is actually using the techniques successfully himself. No proof = no credibility.
Honestly it tells me that you probably wont pick up a lot of affiliates. Products int the $67 - $99 range can get away with paying 50%. However, sub $50 products typically need a higher payout percentage. There are so many choices in the MMO niche that you can't afford to alienate any potential affiliates. In the end, it is your product so it is your decision. Best of luck.
@rscbiz - if it's selling so well, post some conversion stats here and you might persuade people. If you can show that it's really that easy, and that the cost per sale is low enough, the lower commission might not be a problem. Just an idea.