Call me a bigot but there hasn't been an ad I've met that I've ever liked.
Personally, I wouldn't go QUITE that far. There have been a handful of advertisements that have been memorable for me, some in a sincere reading and some others in an ironic one.
But not a single one of those was an Internet ad, certainly.
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If we want this stuff for no out-of-pocket cost
But that's a false dichotomy - that either stuff has to be ad supported or free.
I pay perfectly good money for lots of sites that I frequent (not *all* of them pr0n either

). And as for sites that have a small audience... well, the actual costs of a web presence are dramatically lower than traditional print media, just for instance, so small audiences have a much better shot at being able to successfully fund a web presence, be it for donations or paid subscriptions.
I mean, Wikipedia is making a go of it just begging readers for money rather than plastering their site with obnoxious ads.
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Well, the truth is that content costs money.
People will have to get used to pay for content, earlier or later.
That's preferable. Give me the value proposition up front. Let's see. MacRumors is worth, oh, about a dollar a month to me. If they can make a go of it with my dollar and how ever many others they can get, they live. If they want more than a dollar, then I'll happily say goodbye.
All of this will result in a huge, huge improvement to my experience of the site(s), since they'll be beholden directly to me and my wallet rather than treating me as the product being sold to their real customers.
If there's a big problem to solve, it's that there's no way for me to pay a dollar for something on the Internet without it resulting in a net payment of more like 75¢.