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I tried to precede the script with what you supplied but it still does not work.
1.Tick html box
2.This is what I paste into the Koivi
<p>Here's a script</p>
<script type="text/javascript"><!--
google_ad_client = "pub-id";
google_ad_width = 728;
google_ad_height = 90;
google_ad_format = "728x90_as";
google_ad_type = "text_image";
google_ad_channel ="";
//--></script>
<script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
</script>
3.Click save as html code
When I go to front page there is only
Here's a script no code execution and no code visible. When I go back to Blocks editor and click html box I can see this outcome:
<p>Here's a script</p>
<script type="text/javascript"><!-- google_ad_client = "pub-id"; google_ad_width = 728; google_ad_height = 90; google_ad_format = "728x90_as"; google_ad_type = "text_image"; google_ad_channel =""; //--></script>
<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> </script>
Almost the same just escape character for exclamation point. So, I'm still off using database directly.
P.S. and yes I did try your other line to make the line invisible. In that case the text does not show up, but there are no google ads.
