Here's a revision of the code.
Code:
<!-- Google AdSense in Posts -->
<if condition="THIS_SCRIPT == 'showthread' AND $post[postid] == $GLOBALS['qrlastpostid']">
<if condition="$show['spacer']">
</div>
$spacer_close
</if>
<if condition="$show['spacer']">
$spacer_open
<div id="edit$post[postid]" style="padding:0px 0px $stylevar[cellpadding]px 0px">
<if condition="!$post['islastshown']"><!-- this is not the last post shown on the page --></if>
</if>
<table id="post$post[postid]" class="tborder" cellpadding="$stylevar[cellpadding]" cellspacing="0" border="0" width="100%" align="center">
<tr valign="top">
<td class="alt2" width="175">
<div id="postmenu_$post[postid]">
<if condition="$show['profile']">
<span class="bigusername">Propaganda</span>
<else />
Propaganda
</if>
<br><br><script type="text/javascript"><!--
google_ad_client = "YOUR ADSENSE ID HERE!";
google_ad_width = 125;
google_ad_height = 125;
google_ad_format = "125x125_as_rimg";
google_cpa_choice = "CAAQtIHDmwIaCDbdURNUSIZ3KJDquosB";
google_ad_channel = "";
//--></script>
<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
</script>
</div>
</td>
<if condition="$show['moderated']">
<td class="alt2" id="">
<else />
<td class="alt1" id="">
</if>
<if condition="$show['messageicon'] OR $post['title']">
<div class="smallfont">
<if condition="$post['title']"><strong>Sponsored links</strong></if>
</div>
<hr size="1" style="color:$stylevar[tborder_bgcolor]" />
</if>
<!-- message -->
<div id="post_message_$post[postid]">
<div align="left">
<script type="text/javascript"><!--
google_ad_client = "YOUR ADSENSE ID HERE!";
google_ad_width = 300;
google_ad_height = 250;
google_ad_format = "300x250_as";
google_ad_type = "text_image";
google_ad_channel = "6284652722";
//--></script>
<script type="text/javascript"
src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
</script>
</div>
</div>
<!-- / message -->
</td>
</tr>
</table>
<!-- / post $post[postid] popup menu -->
</if>
<!-- / Google AdSense in Posts -->
If you wanna show it after the second post, instead
$post[postid] == $GLOBALS['qrlastpostid']
use
$post[postcount] == 2
Change the number for other posts.