My friend Rob Leathern, over at CPM Advisors* was blogging about the same thing I was blogging about in Details, Details (unbeknownst to me, since he keeps changing where he's blogging from.)
We used the same approach, but seem to have come up with different conclusions. I don't have time today to figure out why, I'll do it tomorrow. In the meantime, read these:
Online Time Not Worth What It Should Be
More Television vs. Online “revenue per user hour”
* Blogger disclosure: I'm an investor in CPM Advisors.