I agree, but so far I'm completely wrong =)
http://news.ycombinator.com/item?id=328227
Then again, I have until Oct. 2010 for that to play out (and I do have money behind my mouth on that one). 2009 is going to be the year for testing Google and its advertising income. They may gain market share from the little guys getting weeded out, but I'm still keenly interested to see how their income and EPS plays out.
If they're still holding strong into late '09 and pushing $5 EPS per quarter, well I'll be a tad bit poorer and a little bit smarter.