SharedReviews.com looks like a great way to bring together a community of content and share ad revenue across the members of that community.

Through a process outlined on their “how” page, they plan to gather product and service reviews written by consumers and independent bloggers, organize those reviews in a taxonomy and give the community 50% of the ad revenue generated by their reviews. Reviewers can review anything they wish and in whatever format they wish. Reviews are rated by members of the community and the revenue is distributed based on those ratings.

The beta period begins next month, so for now I can only guess how this will pan out. It seems to be immune to some of the conflicts of interest that some other paid blogging services have, which should help readers trust the content. Meanwhile, it provides a way for bloggers with low page rank and low readership to be found and get ad revenue sooner. For me, the most interesting part of the SharedReviews promise is what they call “Review 2.0”. Each review will be wrapped with details about the reviewer – what that author has reviewed recently and a bunch of profile information meant to help readers understand the context of the review. Given a choice, I’m more likely to trust a fellow comic book fan’s review of Spider-Man 3, for instance.

It remains to be seen if pro and semi-pro bloggers will upload their reviews and now-popular unboxing videos to SharedReviews, as the economics might not work out, but it could mean even greater exposure for those sites, especially if the content is linked to the author’s blog. Either way, there are plenty of non-pro bloggers and non-bloggers who may find this site a comfortable way to share their views.

Update: TechCrunch has a screenshot of a sample review page.

I cleaned up my blog a little last night. I switched to the plaintxtblog theme, put my last 6 flickr uploads in the header, and put my current twitter status in the sidebar.

The ‘sphere is full of glowing approvals of techmeme’s new sponsorship model. I agree that this new model (sponsors’ latest blog posts are listed on the right) is a HUGE benefit to techmeme advertisers, but I’m concerned about the problems it creates for readers.

Since everyone who visits techmeme sees the sponsored posts, these posts are more likely to be read than other posts AND are more likely to be linked to than other posts. This means that sponsored posts will very likely end up on the techmeme front page. This artificial bump to advertisers, in my opinion, reduces the value of the ranking system that techmeme employs. Google is able to provide isolation between organic and sponsored results. That may not be possible here.

One solution may be to exclude these posts, and the discussion they cause, from techmeme’s index. Another may be to highlight those discussions to indicate to readers that the discussions may be ‘tainted’.

Gabe will probably find a solution that works and maybe I’m just over-reacting. 🙂 OR, maybe my pollution-free expectation is built on the Google sponsored-links model and I need to change my thinking to accept more intrusive advertising (sarcasm).

Update:

Thai’s post and George’s response in the comments raise great points. For instance, Gabe has a great service and he ABSOLUTELY has a right to make that service financially successful. I agree that sponsored posts may be a great way to do it in an innovative, topical and ultra-targetted way!

My point is that I think it’s in the best interests of the readers (or at least me) to limit the amount of impact Techmeme sponsorship dollars have on the organic results of Techmeme. If you don’t agree with me there, then you can disregard my post.

How can sponsored posts affect the organic results? Lots of ways. Bad ways: Semi-Pro Bloggers, aware that sponsored posts (because of their exposure) are more likely to end up in the organic results, link to them. Not too bad ways: Bloggers are genuinely interested in a point raised by a sponsored post and discuss/link it. Advertisers find that certain types of posts generate more interest than others. They refine their messaging to be more blogger-friendly. In all of these situations, the advertiser is given a hit or miss advantage over organic content.

Most of my concerns relate to the abuse of the system either by advertisers or bloggers and how those abuses (subtle and non) could pollute the organic results. Luckily, Gabe has been on the ball in the past when there were concerns about gaming the system. He hand-picked the first 3 spots, possibly to avoid these kinds of issues.

Note: At this writing, 2 of the sponsored posts haven’t appeared (as far as I can tell) in the organic section and the one that has is extremely topical.