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I’m kind of guessing that all of you who have looked up anything on Wikipedia in the last 24hrs will have seen the link to Why Wikipedia Does Not Run Ads. Check it out if not.

It has some really strong arguments about how destructive the injection of cash could be into a commons based peer production environment like this could be. Because I must admit that when I read they operate on an annual budget of $US5 million, my first thought was “but couldn’t they achieve their goals so much more quickly if they were operating under Youtube or Myspace-esque conditions?”. But the article points out the nightmare challenge of deciding what to do with that advertising revenue, which would no doubt lead to bitter divisions in the community.

Wikipedia is also very aware of the perception of advertising as a form of censorship, and how destructive it could be to the credibility readers give their content.

Maybe Wikipedia is another example of the same principle that makes Craiglist work: being just perfect at exactly the size budget you are.