There’s much AdSense news today, including a new affiliate program that lets AdSense publishers make money by referring folks into AdSense, and – surprise surprise – make a buck (literally) for everyone who might download and install Google’s Toolbar.
But what I find fascinating are the new AdSense Terms of Service, which I am just digging into (thanks Glenn). The industry seems focused on the new referral stuff, but it seems they have changed to redefine what Google finds competitive to their network – now that the company has image ads and site specific stuff, they need to start boxing out new kinds of competitors. Anyone out there fully grokked this? I plan to later this weekend….