Thanks for the advice. Wordtracker seems to be very similar to what Web CEO and Web Postition Gold offer for keyword suggestion. I guess my question was more around if 1200 searches per month on Overture is worth the time to spend optimizing for (assuming a fairly light level of competition for the word). Was thinking to create a small website with decent content for a specific keyword.
Maybe the correct question is how many visitors would you expect to your site for a first page position if Overture says that 1200 searches are conducted for the term? Maybe 5-10%?