"Google has published its long-awaited AdWords content policy, which outlines what is and is not acceptable in its text ads." as seen at:
[clickz.com...]
Click here for the new content policy:
[adwords.google.com...]
(Will redirect to [adwords.google.com...] but I can't get the url style codes to work :) )
We now have a rundown of what is and isn't acceptable on AdWords, surely a welcome step to help lower the percentage of advertisers who incur unexplained penalties and allowing Adwords users to make more informed decisions. Great.
Good luck,
Jeremy