Site isn't up yet. I PM'd him asking if it was going to have commercial banners and he was a little defensive. Somebody who knows him want to talk to him?
edit: He pm'd me back and didn't realize I was a mod when he was defensive. He said that he originally planned on not having any advertising as it's just a free service he wishes to provide to the 2p2 community. But, he's having problems with his web service provider and is considering having ads to pay for a better ISP and other costs.