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Matt,
This can't be right.

"There will be no banner ads on the Google homepage or web search results pages. There will not be crazy, flashy, graphical doodads flying and popping up all over the Google site. Ever." - 12/22/2005 06:25:00 PM
Posted by Marissa Mayer, VP of Search Products & User Experience

http://googleblog.blogspot.com/2005/12/about-aol-announcement.html
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