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The big issue these days with Overture is their "affiliates" who are responsible for the influx of foreign traffic and rediculously crappy visitors.
If I were you, i wouldnt waste my time with overture.
Just take care sem4u. I just paused a couple of my Yahoo US accounts because I get lots of traffic from outside the US. I wonder why Yahoo doesnt do IP tracking and redirecting searchers or something, when people from outside the US type in yahoo.com.
Personally, I've never liked redirection based on geotargeting. It presumes the user does not know what they're doing. There are people want to go to the home page because they are interested in what is there. Also, geotargeting isn't reliable.
If anything, whether the user goes to a country-specific page should be something the user controls. The web server can offer to set a cookie that when presented on future visits causes the server to redirect to a country-specific page.
As an example, I don't live in France, but like to visit the France Y! page. I don't want to be redirected.