AndyA - 6:28 pm on May 24, 2010 (gmt 0)
I don't think it's quite as easy to determine how much a click pays. Just because we may see a 1 cent click, that doesn't really mean that's all that was paid for that click. I think Google intentionally spreads out the reporting of clicks, amounts paid, etc., to obfuscate the true value of a click.
If they didn't, it would invite abuse by some unscrupulous publishers. I wouldn't be surprised to see high value clicks spread out over a period of days, including some 1 cent clicks showing up just to throw everyone off.
Nothing Google does is simple. It would be totally out of character for them to report 1 click = x amount on a certain day. They have some big algorhythm designed to confuse everyone.