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Openx: Ad serving for publishers who are serious about making money.
OpenX is a hugely popular, free ad server designed by web publishers for web publishers. It provides everything you need to manage your online advertising. Product Website

Why Should Ad Serving be Open?
For the last 10 years, the OpenX community has believed that ad serving should be free. In fact, we contributed a large amount toward bringing technology CPM rates from $0.50 to $0.05. Google's announcement of a free ad server validates our marketplace.
With the announcement today, Google becomes both an ad network, ad technology provider and a competitor to ad revenue to publishers. As a publisher, I would find this a dangerous cocktail and I would worry that it may marginalize my revenue.