I'm seeing all kinds of untargeted image or flash ads. But I just watched 5 or 6 videos to see what I would get.
i see no business sence in google stopping their own ads on youtube.Probably they are changing something. I'm sure when they were in negotiations buying youtube that could have been one of the strong points for you tube. see you will get less revenue without us. But for now I am pretty certain that you tube will have adsence even if it means they are tweeking something now.Otherwise why buy it when I as a consumer are more likely not to use it with all the stupid changes they have now.
Google knows a lot about their visitors. They are beginning to cater the ads they serve to the interests if the visitor whenever possible. This type of dynamicism could easily explain why some of you don't see AdSense on YouTube.
I see Adsense on youtube.com but I don't see youtube.com on the Adsense page. Now this is a bigger concern. I'd like to see them replace that dog naming site screenshot with a video of some guy trying something stupid on something with wheels.