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Idris - 10:26 am on Mar 28, 2006 (gmt 0)
As for calculations I tend not to look into them in too much. I'd question about page values as this depends a lot on content (it seems that adsense assumes people run article based sites but many do not, running instead photo based sites for example). Essentially I'd just use the fact tha,t too make money with adsense, you need a combination of things. Good traffic, good content and a fairly well paying topic area. You may well find yourself earning a few dollars a day even with solid and established sites (and then you'll find others who seem to do no wrong and make a lot easily) that's the nature of adsense.
I agree with the fact that many (perhaps the majority of publishers) earn a modest amount though you'd think different seeing the posts in this forum (not that that's a bad thing as it does seem to inspire some reading how others make thousands quickly).