Thanks for the feedback lads.
@ infierno: don't completely disagree with you, but this is for my employer.. we rely heavily on PPC at the moment cos website is fresh and young and I am the only one IMing there (arrived less than a month ago), with a LOT of work. I'm not a PPC veteran, though the guy I am working with is, we're trying to shift our traffic from PPC to organic but it takes time, and so need to gather more info on competition (which IMO is never a bad thing)