I was told the headline has been changed, but in the interest of thouroughness, I just wanted to point it out. It is quite a bit too "smart" for our intended audience, and there's no Emotional Punch
I like this. I like it alot. Though depending on how much added work we're talking about, it might pull better as a "video" just using the same audio dubbed over some flashy images in a slideshow (even just showing logos when you reference media outlets e.g. 60 mintues)
In my opinion, I would move these down the page. And use this space to display those credibility quotes you use down on the bottom next to all the social networking statistics. Literally a one-for-one swap.
If you're going to keep the 3 step proccess, it needs to go way down the page. You're leading in with "homework" essentially. The message here is "As soon as you buy this. look at all the work you'll have to do!" Use some of the more over-the-top testimonials here.  Make sure you find ones that are kinda vague. So now instead of seeing "homework" the first thing the prospect sees is "money" and "dream" Plus it also builds their curiosity as to what exactly these people are doing to be that happy. The start painting the outsome in their heads before they ever know just how much work will be involved.
VERY COOL
*Requires*
Maybe reconsider the choice of words here. Instead of "Making money with social networks requires:"

I would try "...and ALL THIS without:"
Some confusing Grammer is used throughout
This is one big run-on sentence with two different sets of parenthesis. Our average client would have to re-read it to get it
This is good, but it should be re-written in simpler english.
Some confusing Grammer is used throughout
Consider substituting simpler phrases. "several times over" instead of "multiple factors"
Rewrite: NOT ONLY am I going to show you exactly What to do; I'm going to show you HOW to do it step-by-step for MAXIMUM PROFITS
no need to say that
I am a relatively smart guy... And I have absolutely no idea what the hell I just read or what it has to do with the program. I'd pull this whole section
These call-outs are fantastic. Again, I would simply move these up top to establish credibility right away and just use the testimonials from the top of page down here....
Will make the most money
These bullet points need a re-write. Bullets are supposed to be benefits, not features of the program. One Example:

"The "HOTTEST" Social Niches
(Detailed instructions...workbook included!...on finding the best niche for you!)"

vs.

You will look over my shoulder as I show you the hottest money-makers in Social Media. And give you everything you need to find a thousand more products of your own with no competiton in no-time flat!

(That was about 60 seconds. I'd brush it up a bit. But basic idea...)