GollumX wrote:
as far as i know, this is simply untrue.
It is a minor factor, but it is taken into account. That's why a lot of adsense pages from the same person are hosted in different countries. I haven't tested yet how big the effect is, but on several SEO forums they talk about this.
But I can't imagine that this will have a big impact, other things are more important (metatags, code, content, ...)