It was recently announced that Google is launching a new exclusively smartphone AdWords feature for businesses wishing to advertise products and services with Google. This service is geared towards mainly the G1 which features the Google and Android OS and also the Apple iPhone 3G. Google ads on the iPhone? Talk about ubiquity!

Although this is geared towards those phones mentioned above this service is going to function on any smartphone that is using a full fledged HTML browser. This is going to be useful for advertisers getting a grip on that new internet crowd who have become cyber-aware recently through their smartphone purchases.

Although to the user this isn’t going to mean much more than a few extra ads on your browser, for us on the consumer end we are hoping that this will ultimately lead to lower costs of phones and services as there will be much more ad revenue coming just from people using their phone.

How do you guys feel about it? Do you want less ads, or do you think this may lead to better and cheaper service in the long run? Shout out how you feel!