shri - 2:45 am on Jul 22, 2005 (gmt 0)

>> If minimums start hitting $1 for keywords with only 3 advertisers - we have a problem.

This could turn into a huge problem for smaller advertisers like myself who run international geotargetted campaigns.

For example, say I have a widget store in my country. I can bid 10-15 cents for it and still have the ad show up in the front page (often in the north position) because most of the US "big money" advertisers have turned of international targetting.

Lets see how this unfolds.