A Search Engine Watch article reports that Matt Cutts talked about upcoming algorithm changes at PubCon and stated, ”What are the things that really matter, how much content is above the fold," Cutts said. “If you have ads obscuring your content, you might want to think about it.”

Perhaps he should read some of the e-mails I get from the AdSense team advising me to add more AdWords ads to my web pages.

Google May Penalize Your Site for Having Too Many Ads