kaled - 11:50 am on Dec 12, 2006 (gmt 0) Kaled.
But I believe that the search engines do not want to penalize you for simply knowing what you are doing. Their goal is to keep their SERPs returning good results. They may ding you for doing bad things, but they will not ding you for knowing what you are doing.
GoogleGuy pretty much said exactly that a couple of years ago. In fact, I think he went as far as to say that, within reason, SEO can be a good thing because it makes the search engine's job easier!