Sell Side Advertising: A New Model?

"I love this model because it's viral and it's publisher driven - it lets the publishers decide which ads fit on their sites. Publishers won't put ads on their site that don't perform, and they'll compete to put up ads that do. Now when I say "publisher" what I really mean is "blogger" - in particular the kind of blogger that uses AdSense - or would if it worked well enough. Bloggers like, well, me, and Rafat, and Om, and loads of others who provide a service that readers appreciate. This allows us to proactively vote for ads we think fit our site, that we think work for our readers. It's also a big win for advertisers, as their downside is protected by pay for performance, and upside is that the market is optimizing the ads through both the network effect, as with AdSense, as well as honoring the crucial endemic relationship between publisher/author/blogger and reader. Publishers are, in a very real sense, endorsing the advertiser, and that publisher's endorsement carries weight with the reader. (Publishers who endorse lame ads, or ads that take advantage of the reader, will be punished by the readers voting with their feet...)"