This week Google released the latest version of the AdWords API (v2009) to all advertisers after releasing it to a limited group back in June. The new version offers users some new features, and Google says it comes with greater speed at a lower cost.

Google has launched a new version of the AdWords API. The company says this version offers more speed, scale, and flexibility to developers at a lower cost.

The AdWords API lets developers build apps that interact with the AdWords platform. With the API, users can:

If not, you could be in for a surprise when Google starts disabling developer tokens on October 1st as the new changes for the AdWords API token take effect.

A couple of bugs have been reported at the Google AdWords API blog, and web developers using the API should be on the lookout for these issues.

Developers who work with Java and Google AdWords will be delighted to see the newest release from Google’s AdWords API team.

The current free quota system used in capping developer usage will be replaced by a usage-based fee system that will charge developers 25 cents per 1,000 quota units used.