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Greed and evil?

Adsense is evil? That's what John Scott states in his recent post about the devaluation of advertising impressions and quality of web content that Adsense has created. I really can't disagree. MFA sites (Made-For-Adsense) have caused a huge problem in so many ways. And yes, I've even played around with MFAs to see what the result would be. It didn't take long to realize that an MFA site is worthless, unless perhaps you are creating thousands of them. But that's not my game. But I've long thought that Google should tighten their control over the Adsense program. I keep trying to find a reason why they don't, and I have to assume it's greed. So, maybe Adsense IS evil.