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Ad Sense is a new service from Google, I use the same account for both AdWords and AdSense.
Is there any way to customize the text size?
I would like to have compact sizes as used in Google search results, and there are also too much whitespace between the ads.
Any experience on this?
At this point, there is no way to customize the text size. As you probably know, AdSense recently introduced a new feature that allows customization of the color of the ads. Along with you, I'm hoping that in the future they will also allow us to change the font size.