There might be something wrong with me because I do get relatively excited by these mobile ad network data reports. Out today is Millennial Media's October SMART report. It also features some interesting apps-related data from mobile ad exchange Mobclix. Here are the data and a few related charts:
These are display ads that people are responding to. The average CTR re online display ads -- even though the click is not a good metric to measure the impact of display -- is far less than 1%. The chart below reflects averages across display and rich media on the PC:

Source: DoubleClick (2008)
Average In-App CTR in Four App Categories by Manufacturer:

The higher clicks in the utility and navigation categories suggest a different consumer intent (someone trying to accomplish a task) and I'm speculating that they're responding to relevant ads accordingly.
The following actions represent post-CTR activity on the Millennial network:

Here is the mix of feature phones and smartphones showing up on the Millenarian network:
Compare to the compoisition of smartphone handsets on the AdMob network:
Source: AdMob (Sept, 2009)