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[edited by: pageoneresults at 3:27 pm (utc) on Mar. 11, 2004]
[edit reason] Removed Specifics - Please Refer to TOS [/edit]
It seems less likely that the advertised site would be penalized. There are no absolutes in this business, of course.
I'd suggest being sure you have the ability to cancel your ads if you aren't satisified with the traffic or SE performance of the ads, and that you monitor their effectiveness on a routine basis.