Chris Brogan and John Andrews both wrote great posts about how you do not lose your editorial integrity just because you exercise editorial control of your ads.

Lets look at the flip side of the equation. Most networks do not want full transparency because it would harm their profit potential. Google claims to want to police the cesspool that is the web, and yet it shows ads for black hat SEO and deceptive ads that contain misleading prices which hide the true cost of a transaction. Automation promotes whatever makes the most per impression. In many cases that means promoting fraud (legal, or otherwise).

In time web users may become blind of most text ads the same way they became banner blind. And then publishers will have to fight harder to make a living. Free buys distribution, but it doesn’t put food on the table. Our other sites (which take much less time and effort than this site) earn way more money. If this site didn’t have a revenue engine on it, do you think I would have worked 70 hours a week on it for over 5 years? I don’t.

My point is not that ad networks are bad, but if bloggers and independent webmasters want to make a living online we are going to need to get better at mixing ads and editorial…and one of the lowest risk and highest value ways to do that is to promote the things we really believe in – either create your own product or promote affiliate offers for products that save you time and money.

People that promote garbage should be policed by their peers, like Jerry West did to The Arbitrage Conspiracy:

Don’t Buy The Arbitrage Conspiracy

Don’t get sucked into the hype. It isn’t real. I was there and I walked out after 40 minutes because the material was very basic. I even talked to many people (other solid CPA marketers) who stayed for the entire presentation and they said there wasn’t anything new, it was all recycled material from past systems.

People promoting hyped up junk should be rightfully flamed, but we shouldn’t consider it a crime to share good relevant offers. What would be a crime is if many of the best sites went offline because they didn’t pay for themselves.

More: continued here