Faucets are nothing but wasting your time. Signature campaign is a good source of making money. But you have to be old member to make good amount of money though signature campaign.
Faucets alone are a waste of time you're right, but the thing is you gotta use faucets + gambling sites.. so if you lose, well that's it, but you can have a chance to win big..
I use faucets and when i reach minimum payout, send it to gambling site, then i play hi-lo and sometimes i can win a lot
Your system is so unreliable it is not even worth mentioning as 'good' way of earning. It is as you said earlier faucets are waste of time. And gambling is just pushing your luck. After all house is always the winner in that game.