#1 I don't care about ad spending, I'd prefer not to hear them<quoted text>
The National Popular Vote bill would end the disproportionate attention and influence of the "mob" in a handful of closely divided battleground states, such as Florida, while the "mobs" of the vast majority of states are ignored. 98% of the 2008 campaign events involving a presidential or vice-presidential candidate occurred in just 15 closely divided "battleground" states. Over half (57%) of the events were in just four states (Ohio, Florida, Pennsylvania and Virginia). Similarly, 98% of ad spending took place in these 15 "battleground" states.
The current system does not provide some kind of check on the "mobs." There have been 22,000 electoral votes cast since presidential elections became competitive (in 1796), and only 10 have been cast for someone other than the candidate nominated by the elector's own political party. The electors are dedicated party activists of the winning party who meet briefly in mid-December to cast their totally predictable votes in accordance with their pre-announced pledges.
#2 You are obviously a student of the "New Math"
#3 you are not a scholar of history