Adsense API for Revenue Sharing?

Rumour has it (here, here and here) that Google's about to release a new API that will let sites split their Adsense earnings as a sort of revenue-sharing system. This would mean that people who contribute to sites like YouTube, MySpace, RateItAll, etc. could earn a share of the Adsense money coming into the site.

Good idea?

Maybe. I'm sure that while a lot of contributors to those sites submit their content for things besides money, they wouldn't necessarily knock back a bit of cash if it were offered. On the other hand, it might result in the 'plague of locusts' effect that happens whenever the online leeches get wind of a chance for 'easy money.'