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AdSense For Domains silently went live on Friday.  The company is opening up to ‘English-language AdSense publishers located in North America’ in phases, but says it will soon expand to other regions and languages as well. The program was previously reserved exclusively for owners of domain names with lot of traffic and hosting companies. If you have unused domains laying around, now you can earn some extra bucks by letting Google handle those parked domains.

In order to use the service, you have to agree to additional Term of Service before you’re taking to Setup tab. AFD requires that you edit DNS settings to point to Google servers. If you’re used to modifying domain settings, it will be a breeze. Otherwise, you might have some initial hiccups in setting it up. Google does offer some step-by-step guides that will guide you through the process though.

Depends on who you ask, this could be a good thing or a bad thing. Domain squattings has always been a pain for legitimate users looking to brand their products. With AFD, it’s another reason for them to continue doing so. On another hand, having an idle domain doing nothing is a waste, and while you’re waiting to build a business with the domain, having some extra cash to pay for hosting is a good idea. Just make sure you don’t get ban from Adsense for any reason though, otherwise all your domains will be banned as well.