Joined: 28 Apr 09
01 May 12 7:07 pm
Link cloaking and link redirects are two very separate things that can be confused to be the same.
You will get better clickthroughs and conversions by converting ugly, long, unreadable affiliate links into shorter redirects and it is not a bad thing or something that will get you penalized.
I really like the Pretty Link plugin for Wordpress.