are they any Software to track a competitor Adwords Campaign and copy his keywords and ads?

AdSpy I guess does what you want.
At least it spies for your keywords and collects information for you.

KeywordSpy.com is a cool service to get all your competitors' keywords and ads and stats right at once for subscription fee.

Yes keywordspy is a cool tool and the other one is spyfu.

Personally I like keywordspy better

if you know a website hes promoting you can also enter the url in the google keyword tooland get a list of keywords hes using- agood free spy tactic

Don't know if this is what you're looking but try adwordsww.c0m

Does anyone know how keywordspy obtains competitors keywords. I use to get keyword elite and gather a huge list of keywords related to the niche i'm investiating, maybe they do this but on a much fast scale (takes soo dam long with KE) with huge ASS keyword lists.

seriously man just find the competitors siteyour after
openup your adwords account
goto tools then open
keyword tool
then click and highlight the website url button
instead of entering a keyword enter the competitors website your watching

and bang

theres all his keywords he is bidding on for you to copy

i used to use keyword elite too but this is way too quick and easy IMO

Hex*atrack will work also. It's quite expensive but supposedly tells you the bids amounts also. I think there is a free version.

The Google KW tool? If that's what you're on about, then that only suggests relevant keywords based on the page content. Google won't give you your competitors keywords. You'd need specialist tools for that and i doubt even they could ever be 100% accurate, because any "spying" is surely based on numerous search queries and the logging of results?

Have you tried keyword elite? Its a great tool.

My vote goes for Keywordspy (paid version not the limited free triel) .
I used that tool and got a good ROI.

It's not 100% reliable and the other country option is even worse, but still like it until I find something better.

Check out:
SpyFu.com
Affiliate Elite

I personally use keyword elite and it has done wonders.

spyfu works great. and if you want to pay top dollar for software there is always hitwise it also gives you there site traffic and and good info - but its not cheap.