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internetheaven - 8:50 am on Aug 28, 2009 (gmt 0)
Site owners are running scared. The ones that provide genuine links out keep using nofollow. The ones that are trying to manipulate rankings won't use nofollow. All this nofollow thing has done is REMOVE honest linking from the web.
The problem for me is that nearly all of these links have a nofollow tag. Thus, even though they are "natural" links created by other people without my involvement, Google doesn't give the site any credit for them.