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brizad - 7:48 am on Aug 1, 2005 (gmt 0)
#1- How many times have we seen G make a huge sweeping change like this only to have them readjust it about a month later? They tend to chop with a big axe and then slowly tweak things back to "normal" after they see how the algo actually worked. I am sure that this will be the case again so don't panic and don't overreact until you know what you should *really* react to. I'm sure that the legit sites will come back. #2- #3- #4A- #4B- Just my 2 cents.
My observations on this whole thing--
Google does a major shakeup of their algo every so often. Then we get a huge panic-filled post like this one with nothing but speculation as to why it happened.
Popping out hundreds of huge auto-generated adsense directory and non-directory sites and then blogging and pinging them into the SEs has been a trend for about a year. G was bound to react sometime and now it has happened. Unfortunately as in point #1, some legit sites got thrown out too (I'd bet temporarily).
This is another perfect example of why you shouldn't have all of your eggs in one basket. Things can change in an instant and if you rely on one site (or type of site, product, etc.) for all or most of your income then you then you are bound to get hurt sooner or later--DIVERSIFY for a long internet business life!
Try not to worry too much about G. There is nothing you can do about them anyway. Just like Altavista, AOL, Netscape, Digital Equipment, Wang Labs, and all the rest of them that were stupid, arrogant or just had bad luck, Big G too will have its day. It's just the cycle of life...especially in the internet world. There's always a new pup coming up to kick the big dog's butt and there is always another way to make a buck. Keep one step ahead of the game and look for the up and comers.
Yahoo controls more search traffic than G does now anyway. MSN and Ask Jeeves are trying hard to be players. Things are always changing.