adgroupgenerator.com is a free tool to help you take your list of keywords and automatically format them into separate ad groups. You can then just copy the information into Adwords Editor. This video shows the 'business end' of the entire process as it covers importing the ad group data into adwords Editor, amending the entries and then posts the changes to your online adwords account - all in less than 8 minutes. It covers: import the ad group as a .csv file; update campaign settings; update ad group CPC settings; create two text ads; copy these ads across all ad groups; final review; then post changes to the online adwords account. Simples 
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