Oh, don't get me wrong, everything I have seen here is more than on the up and up. I hope you didn't take my post the wrong way.
There is just inherent dangers about putting your adsense code in places that you do not control. Yourself could also be at risk allowing others adsense here too. If a user gets banned from adsense for say, fraudulant clicks, it generally reflects bad on any site that they have their code on.
You also have to take into consideration what affect smartpricing will have on your account, and others have to consider it with theirs.
If you visit the adsense forum over at webmaster world, you will get an idea of what I mean.
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