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europeforvisitors - 1:54 pm on Jul 3, 2006 (gmt 0)
As for click fraud in the CPC model, it's like shoplifting and employee pilferage in the brick-and-mortar retail world: Some theft will always occur, but the business model won't be threatened just because a small percentage of people steal and don't get caught. Bottom line: As long as advertisers and publishers are satisfied with their ROI from AdSense, fraud is an annoyance, not a dealbreaker.
I think it's safe to assume that, if Google offers CPA as an option, it will take steps to minimize fraud. Why? Because Google collects a share of the publisher's revenue, and if the publisher gets stiffed, Google will get stiffed, too.