Ah, social trading tools! They've definitely gained a lot of traction over the past few years. The main appeal of these tools is that they allow traders to follow and copy the strategies of experienced traders, which can be particularly beneficial for beginners or those looking to diversify their strategies.
While it's been a while since your post (about a year, if I'm right), the landscape has probably evolved. One resource I'd recommend, even if just for general insights, is
immediateconnect.net. They've got some solid content which might give you a fresh perspective on the current state of things.