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What's the point of this? It seems kind of silly really. I mean how many people will actually use that? They'd be better off linking to the software from the front page.
It's about putting your brand name in front of someone on a happy occasion. Think about it. Faces sell products - smiling faces sell even more products.
more objectively,
I personally don't think it is good for branding. To me, it would be like some giving me one month of AOL. It just says the gift comes from someone who is cheap and doesn't care enough to see what I might really want.