Why? Because Google doesn't like paid links, and these are what you are in effect trying to buy.
If you are only looking for traffic then you might be okay. However, speaking anecdotally, I've seen sites get penalized for using Pay Per Post. Perhaps only when the PPP blog loses PR, but potentially Google will discount valid natural links as well as those that were paid for.
Be careful here.
However, if you can find a way to get a blogger to write about you, without appearing to be a paid post, then you should be okay. This will take a lot more time and effort than using the PPP service.
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