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I have been using Premium Ads for about 10 months, booked via the London office.
click through rates average 13 - 15% , even my account manager comments that this is not what most people achieve.
we are in a very niche market, and have found that tweaking the copy for the ad made serious difference.
still we are missining out on the other 85% :)
(on another note, being number 2 is not that bad actually, we were still getting 10 - 12% CTR)
hope that helps.
excellent forum to whom it may concern.
Shak
Had to do some tweaking, though. Not all keywords perform well - had to re-do copy and then drop some keywords for poor performance. But overall - I'm quite happy with it.