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I was just looking at Google Website Optimizer, however you need a 'conversion' page in order to measure results. If trying to optimize ad positions, this doesn't appear to be possible.

Even without GWO I can't see a way to track clicks in Adsense, any ideas?

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up vote 3 down vote accepted

One option would be to set up multiple channels for each site, and then use those channels for your split testing.

Earnings on a particular page in analytics could be somehow done if you add a parameter to one version of the page depending on your frameowrk and how you are modifying the pages themselves for the test. I am not quite sure how the different channels would work in analyics...

It might be a little easier using Reedge.com as you might find it easier doing the split testing.

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Yes, channels sounds like a very usable idea. I can set up the varying pages myself, then let Adsense handle all the data collection. –  DisgruntledGoat Sep 12 '10 at 18:48
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