Nicholas Carr is a very perceptive Blogger. He’s just posted posted two intriguing pieces about the Google AdSense program. The first explores the fine print of the AdSense contracts (which basically threatens dire legal retribution if a blog “reflects poorly on Google or otherwise disparages or devalues Google’s reputation or goodwill”).

Hmmm…, quite a few of mine could be said to be critical of Google.

The second of Carr’s posts examines the huge amount of free capital Google stacks up as a result of its rule that AdSense bloggers don’t get paid until their fees add up to more than $100.