Adsense for dynamic content

If I create a site where people can setup their own pages and talk about whatever they want in their blog, and then that blog is accessible through a search form on the front page of the site, will any adsense ad on that persons blog page display relevant ads?

I don’t think it matters if its static or dynamic content so you should see relevant ads eventually.

But I thought I read somewhere on here that, the google crawlers cannot see beyond forms?

As long as there are text on your dynamic pages, Google will see it and display relevant ads on it.