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inbound - 8:36 pm on Jun 18, 2006 (gmt 0)
Sidenote: Exchange rates really annoy me on Google too. We have an old AdWords account in dollars (with big UK campaigns on it) and fluctuation in rates really seems to cause us issues with positioning. I've looked at migrating to GBP but don't believe there will be a smooth enough transition.
Remember that 10p is 18c, so 5p would be a lot closer to 10c.