I started doing small jobs on Rentacoder a few weeks ago, mainly for ir35. Yes, it doesn't help directly with your other contracts, but don't people say that you have to "build up a picture of being In Business On Your Own Account"? RAC jobs at least do that. As for the money, you'll be lucky to make the minimum wage, at least at first. After I had done a few jobs and built up a bit of a profile (getting some good ratings) I found that people were slightly more forthcoming and I managed to charge a little bit more. I also think it is good practice for your work estimation skills.
The biggest benefit by far was when I did a job for a guy who happens to be in the UK. He gave me a follow-up job - this time at a UK daily rate and once again 100% non-IR35 (purchase order, fixed price, work from home, etc).
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