Does anyone have any good sites that they can recommend to find quality guest bloggers? I'd be interested in finding motorcycle experts to post on Revvs.

yes it bring traffic to your website but not that much, it's all about content

Guest posting is writing a blog on other site. For this you must have good content to post which further be liked by others and then someone may call you to write as a guest. Next point is to find the PR of such site as better PR means quality link. Guest posting is best way to get do follow backlinks and instant website traffic.
Through guest posting you can get various of benefits such as-

Helps you in gaining a good social media reputation
Exposes your content across a wide audience..
Helps you with quick indexing.
Brings you more traffic.
Gets you the benefit of backlinks.
Generate a buzz about your brand.
Brand awareness.
You can connect to your target demographic.
Increase linkability.
Exposes your content across a wide audience.

Thanks for some best tips. I am trying to increase the traffic to my website. I hope this will work for me.

Yes, Guest Posting is one of the great method to bring huge traffic.

As someone above already said it can bring you traffic but you need to do it right.

Find popular websites to write guest posts and write about popular topics that have significant search volume

They are both important, if you get to write awesome content on youe website, then try guest blogging as well, that would help tremendously

Nice work, thanks for the solid answers guys

Really it depends on the quality of the webpage your post will be shared on and the quality of your guest post.

I see that just really value guest posting and close relevant to your site can bring traffic, but the amount is small.

Yes, it will definitely increase the traffic and it will also improve the page rank of your website.

Yes, It is very helpful

Yes Guest posting is useful technique to generate huge traffic.

Now i focus on blog commenting, it brings a decent traffic to my blog. To get a huge traffic, i need to divert my focus to guest posting.

Guest post is one of the first method for building high quality links and gain traffic.