ken_b - 3:17 am on Nov 24, 2007 (gmt 0)

If a significant percentage of publishers were being "pushed out of the AdSense Network" by smart pricing, AdSense network revenues would be decreasing, not growing.

That might be possible if there were no new publishers being admitted to the system.

But that isn't the case.

In all likelihood those new publishers represent a whole cross section of quality clicks, some may be severley Smart Priced, others perhaps not at all.

That means that if the number of new publishers even comes close to the number of those leaving, because of Smart Pricing, there could be growth in the AdSense network revenues.