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Absolutely what niche are you in? I mean I've sent tones of stumble traffic here and never gotten 1 single signup and it was under "blogs". Also I find on other sites you see people in referrals but that's it.
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Well, FYI, I'm in the "blogging tips" niche
And the thing is stumble traffic doesn't quite convert well if you want to get a signup for a forum or so. The harsh truth is that those users are eager to hit the stumble button again rather than signing up for a forum.
It just hit me now that a killer way to promote this forum would actually lie in ordering reviews from bloggers who have a strong subscriber-base. Virtually I believe any word of mouth marketing effort will work well for you Rob..