From www.thesword.com- David Forest isn’t sad to see Craigslist go. The world’s most famous male madam says that Craigslist “erotic services” section – which the site agreed today to take down — was a serious drag on his business.

Coupled with the sagging economy, Forest (pictured here with Johnny Castle) says that his “private meetings” business with top adult stars has been down 50% from a few years ago. He tells The Sword:

“[Craigslist] has been a thorn in my side. Even my best clients will cruise through the CL erotic services ads since it’s a known fact that there are some very hot guys that just post an “occasional” ad there. The [money] they want are usually LESS than what they could get if they were to make themselves available through FORESTmeetings. Many of my “former” clients want to pay much less for the boys … and certainly don’t want to also have to pay MY fee in addition!”

The ever-colorful Forest calls Craiglist Erotic Services “an amateur hot dog stand” and “a cancer” on the escorting biz, but some high-end escorts like Nick Capra (“Hookie” winner for Best Overall Escort) will be sad to see it go.

Craigslist was low-rent, sure, but you’d get a better looking class of client. You’d only charge $150 for a “tug job” [massage with release] rather than the $250 you could get on Rentboy because a 22-year old college student could never pay the higher fee. If they were hot, I’d give them a break. Sometimes I’d do it just to get laid.

Given Capra’s admission yesterday of his A-list Hollywood clients, we might just say that he’s lucky. It’s that type of attitude, however, that gets Forest indignant:

Why would a guy think an hour of his time is worth $300 when he’s bought via RentBoy but he’ll do the same hour for $150 [on Craigslist]?

Unbeknownst to us, it seems, Craigslist “erotic services” was actually a Hooker Outlet Mall where you could make a closeted college students pay you for sex. No wonder the business model didn’t last.