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[edited by: jatar_k at 2:53 pm (utc) on Mar. 17, 2006]
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So far the income has at least 10x the normal income, but I'm afraid it's not ethical. Is it in your opinion?
Think of it like this: If you were an advertiser paying for some of those unintentional clicks would you be a happy camper? Your answer to that question should help you determine the answer to "Is it ethical"?
I always ask Google Support if I have a question about a layout choice. I have asked them about putting small graphics next to the ads, and Google Support came back with an OK. I have asked them about putting PodCasts about AdSense next to AdSense ads... they came back with an OK.
So it is best to just ask.
There is nothing wrong with getting official confirmation from Google, and in fact that can be a good idea with a novel and potentially confusing presentation of ads, but I personally did not find the site's homepage at all confusing - it was easy to tell the ads from the images.