Good points, West. When I first start a site I don't put them on every page either. I'm just always turned off by pages with too many ads, especially when they're too upfront and obvious. So to me, it's worth losing a bit of revenue to gain the respect and credibility of your audience.
Even to this day, I don't utilize AdSense ads to the fullest (in terms of maximizing the number of ad units allowed to use) but I think it's worth it.
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