MrSavage - 1:22 am on Oct 4, 2009 (gmt 0)

Um, steveb you missed the point in a big way...

The kiss of death is, have a domain with value pre-penalty and 301 that same domain while it's still under the penalty. The kiss of death is if that asset is passing on no value because of the existing penalty. It would be a complete waste of the 301. A complete and utter loss. I do think, that as a consideration, Google could perhaps have a solid and firm stance on this.

It's either wait while guessing what's going to lift the penalty or 301 before the penalty is lifted and hope that Google looks past the fact your domain in no longer indexed and is essentially dead in the water. I mean, I'm going to continue waiting until I get a confirmation. It's not worth throwing away a domain that had value over an educated guess on this one.