Phpadsnew though simple to use in its functionality, it’s features and different options can be a bit overwhelming. The handbook for it is quite large and if it’s just link tracking you are concerned with it’s not worth the trouble nor will you get the best usage of it.
If your webhost uses a nice control panel, like mine, I have the ability to view stats and numbers through a variety of statistic scripts and inside them there are great statistics on clicks, visits, exits, etc for my links…
Here’s a good click tracking script…
http://www.hotscripts.com/Detailed/43975.html
but if that’s not exactly what you want I would browse through the scripts under PHP and the category CLICK TRACKING on http://www.hotscripts.com which is the best resource for all your script needs!
Hope that helps!