I have just been playing around with this report on a couple of our client accounts and it's brilliant.
Much of the data could be found by trawling through your server logs to find the actual queries that are leading people to click on your adverts when you do phrase or broad match, but I know I'm guilty of not spending enough time analysing logs in these days of powerful analytics software.
I have already found a few negative keywords that I should be excluding (I also found out that PSP is an airport code as well as a handheld console and a piece of software - not sure that most people searching for cars and PSP are looking for car rental from Palm Springs - I reckon more are looking for computer games...).
Now, this new report shouldn't really lead me to find these new negative keywords, but as I mentioned - with Google Analytics being so good, I'm not concentrating on log files as much as I should be. So this got me to thinking - why can't Google Analytics offer me some variant of this report?
The 'traffic sources' report in GA allows you to filter by 'paid' or 'non-paid' search and then subsequently by keyword, but if you filter by paid search, the keywords it displays are the keywords you bid on rather than the actual searches people carried out to find (and click on!) your advert. Why is this the only option?
##Please include real search queries in the paid search monitoring
Dear analytics development team,
If you're listening, please can we have a report within analytics that lets us compare the search phrases we bid on with the actual queries people carry out to find and click on our adverts?
A hopeful search marketer
PS I have found that there is a convoluted way of doing this, but it's pretty advanced, and I see no reason why GA and AdWords couldn't play nicely together here by default? Especially now you are making this information available in an AdWords report
PPS incidentally, why does the AdWords report hide data on some low volume queries? Why not let me decide for myself what's significant and what's not? Given that I could find this information myself from my logs, you're not keeping secret any information that isn't out there anyway, so where's the harm in making it easier to find?