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What if you were to buy a banner ad on a web site that features your banner on every page of that site?
That's an incoming link from every page of that site.
That's a bad thing in Googles eyes. Aint it?
That then becomes a bad thing in a SEO strategy. Doesn't it?
Just something I was thinking about while laying on the highway during rush hour.
Though, perhaps it is worth bearing in mind that having the jscript on the page may cause a change in the pages ranking (though maybe not PR).
In regards to a readable URL, I guess the normal rules apply as they would to any other link. If PR is sacrificed, maybe that is the "price" you pay for having advertising on a page .... after all (jokingly) everyone hates ads ;)
Good topic though, but alias I don't display any :)