This post is entirly focussed on the pros and cons of Bidvertiser and Adsense.
Bidvertiser – Ad Templates can be customised, their background colors can be changed. Many template types to choose from. Ad text colors/fonts can be changed.There is a template called “Free Type” where you can even edit the size of template. This is a big bonus as ads can be made to appear like they are part of your site.
Adsense – Customization is limited or almost NILL. Ads appear very UGLY at times.
Bidvertiser – You can CHOOSE what ads you want and REJECT the low bid ads.
Warning: If you reject low bid ads on sites with low traffic and PR you will only get one big ugly ad which says “Your ad here for free”.
Adsense – N/A
Bidvertiser – Payout limit is $10 and payment through Paypal.
Adsense – Payout limit is $100 through cheque.(Time factor is too high).
Bidvertiser – Ads dont appear according to your site content. Ads appear according to the category you choose from which cannot be changed later without special permission.
Adsense – Ads appear according to your site content.
Bidvertiser – Ad clicks are paid according to the bids the ads are worth. This is the most annoying part -> ONLY low bid ads appear on sites/blogs with low PR and traffic hence you can earn only peanuts if your traffic is low and vice-versa.
Adsense – All ads are worth the same as far as I know.
Bidvertiser – Not that Strict.
Adsense – Too damningly strict(I was banned!)
For a complete tutorial on bidvertiser ads goto http://satishmania.blogspot.com/2008/11/link-back-link-basics-of-linking.html
Pls respond as to what you prefer….