Msg#: 3802076 posted 9:06 pm on Dec 7, 2008 (gmt 0)
It's all going to come down to why you write the blog. If you have an intention to serve readers, then keep working on it. If it's only a way to get your other site to rank better, then maybe it's not worth the effort, eh?
Yes, a 301 redirect usually passes on most of the link juice. But not always, since Google is aware that some 301 redirects are just tricks to improve ranking. So they check the new 301 for trust issues, and the link pop does not kick in immediately.
In your case, the blog is alread on the same domain. Doesn't it alread have Home links? If so, you're already circulating the PR around the site and a 301 isn't likely to do very much.
Msg#: 3802076 posted 12:25 am on Dec 8, 2008 (gmt 0)
I would not be concerned about PR "leakage" here. If you are linking to 20 external sites from every page, like a blogroll, the power that those links vote to the other sites will be damped way down.
As I said before, I think you should keep focus on your business purpose for the blog. If you have the resources to keep serving that purpose, then just keep things as they are and develop your audience. If you're concerned that you may be linking out to some bad neighborhoods, then add a rel="nofollow" or just remove the lhnks altogether.
And even if you do decide that the blog is no longer worth the resources it take, I still don't think the 301 will help you much if at all. You'll likely get more good out of leaving the existing blog posts live. That's how I see it, working in the abstract, of course.