According to "Adwords API Rate 
Sheet<https://developers.google.com/adwords/api/docs/ratesheet>" 
at Google Developers:

On March 1, 2013, AdWords API units and associated costs were retired. 
> There are no longer usage charges for AdWords API usage
>

Still, when applying for a developer token, one has to set a monthly 
budget. What does it mean? Will the budget help to avoid excessive 
non-compliance fees in case there will be non-compliance issues?

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Also find us on our blog and discussion group:
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http://groups.google.com/group/adwords-api
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