There is a new service in beta at http://www.cashlink.it that allows you to monetize your outbound links through AdSense.
It displays whatever page you want in an iframe while redirecting Google Mediabot to the real page in order to display targeted ads.
As an example here is a Cashlink.it link for a YouTube video of my twin turbo Lamborghini Gallardo: http://www.cashlink.it?u=http%3A%2F%…ayf18&l=sprite
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