Many people searching for Cabin Rentals in Blue Ridge Georgia, are searching using the Key Phrases: "North Georgia Cabin Rentals" and "Blue Ridge Cabin Rentals" or "Cabins in Blue Ridge", etc. I came across my competition's website where they actually have a separate keyphrase meta-tag:

<meta name="keyphrases" content="georgia cabin rentals, cabins with hot tubs, ga log cabins to rent in blue ridge georgia, north georgia mountains, georgia mountain vacation lodging" />

Is this something the webmaster made up or is this legite and do search engines read meta tags like this?

Thanks,