Insiders report most spending has targeted individual states or psychographics -- as Loew put it, "left-handed people in Toledo." That could bode well for ad networks, known for such targeting.
http://www.adweek.com/aw/content_display/news/media/e3i2da171c37e1d75e27...
Although the credibility of the report is called into question with the first statement like:
Barack Obama Exposed. Over the past several months, phrases like this have appeared alongside articles referring to the Democratic presidential nominee on sites like WashingtonPost.com.
These sites have no control over the text ads and maybe they should say it is liberal Google's conspiracy.
These contextually targeted ads -- clever or incendiary, depending upon your bent -- are the product of the conservative publisher Human Events, which has executed just the sort of potentially persuasive political campaign for which the Web would be a perfect platform. But so far, they represent an anomaly rather than the norm.
I'm left handed and live in Sylvania - does that count? ;)