While I didn't have the opportunity to actually talk to anyone from the company, Newsgator founder Greg Reinacker has put up a post on his blog that deals with the brief appearance of AdSense ads within Newsgator Online that we reported last Friday. Reinacker explains that the ads only began showing up because someone mistakenly flipped a switch but that ads within NGO were coming at some point in the future as part of a larger stable of changes and updates to the free product. He also reassures those with concerns about the ads' display, such as Weblogs Inc CEO Jason Calacanis, that Newsgator is committed to play nicely on the 'net playground and respect everyone else's content.

So that's the end of the story, at least for now. The monetization of free online RSS readers has been brought up before and is sure to be a major point of discussion in the future. As always, stay tuned to AdJab for the latest and greatest.

[Update: Jason comments once again on the issues surrounding this as well as some ways to alleviate publisher's problems with ads within RSS readers.]