If we agree that books succeed or fail by word of mouth, then we agree that the only effective promotional tool is a good book. (By that I mean a book that people enjoy and want to talk about, not necessarily good in a technical sense.)
If you want people to shill your book on your behalf you need to (a) write a good book and (b) get it into the hands of people who might enjoy it.
No author can determine whether (a) is true (that's for readers to decide, remember?), so you have to concentrate on (b). And so I recommend you concentrate on giving away copies of your book instead of telling people how good they are.
Yes, it's expensive. So is proper advertising, and while that may sell a few books, it won't generate word of mouth unless they're any good.
Another thing to note: You don't see established authors heavily promoting their books via newsgroups or forums, and so the first thing people think when they see a self-promo effort is 'great, another unknown author shilling their work' - assuming they bother reading the post at all.
Tread lightly.



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