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Relevant ads through tracking are different to relevant ads because your favourite author thinks "hey, my readers will be interested in this."

I don't mind the latter, too. I usually have a lot of interest in the sponsorships chosen by my favourite writers to include on their sites.

Automated ad networks and tracking though, I just block those.

How are they different? Both are targeted.

Sure the tracking ads aren't as good, but imagine they were just as highly targeted and relavent.

Well, one doesn't violate your privacy. Also it's more relevant.

I could imagine tracking ads to be more relevant, but they're not. So I don't really see the point of that hypothetical.