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luckychucky - 3:18 am on Feb 11, 2007 (gmt 0)
The $0.15 min bid came up instantaneously after clicking "save" to submit. As soon as I moved my intended keywords to that adgroup, I deleted placeholder keyword. It wasn't sitting in the adgroup for very long.
Placeholder keyword has absolutely zero referent, literal or remote, anywhere in my site text. I believe I can safely assume the same for the backlink text. My site sells physical merchandise, and contains no text whatsoever related to the topics of SEO, keywords, or... 'placeholders'.