Whitey - 1:39 am on Oct 26, 2011 (gmt 0)
Has anyone actually recovered by noindexing pages?
Not that I've heard of on these threads or seen directly. But it is part of a process to get back, I believe.
Just focus on usability and good content on the remaining pages. Remember that Google is comparing your site to what else is out there. If your subject is unique and not just a rewrite of the same subject and/or a "flat" experience you should start to see improvements. Think outside the square of what you can use to reverse back some of those noindexed pages - and not just written content. Panda surely picks up on the code as well which is where UI comes in.
The way out of Panda is to stop thinking about the algorithmn and more about the quality of the user experience. If you start to get a handful of pages looking and doing things better than your competitors, this a seed for a new future from which you can grow new ideas and replace your noindexing pages. The Panda opportunities are all about a fundamental shift in the thinking of the site owner.
Think about how your site can be more entertaining, more useful as a tool, say something useful that is unique. Also consider how you can compete with "brands" who have money to burn on developing the ultimate usability experiences. The beauty of modern technology is it's affordable access to everyone. Think of ways you can apply it to bring back some of those previously low performing pages that you noindexed. I think this is the key.
So in the context of this, yes noindexing pages is part of the process. Do or think of nothing more, and I'd say you will have limited or no success.