Freedom - 6:33 pm on Jul 1, 2011 (gmt 0)
Toolbar? Chrome? Bounceback directly to the SERPs? Adsense tracking cookies?
I'm aware of those, but they are much less information giving than analytics. Not everyone has G toolbar, or chrome.
My sites WITHOUT analytics rode through Panda a lot better than those that didn't, mostly unscathed. In sites that have it, the sections where it was removed still perform better than the sections that have it.
It's my anecdotal evidence, but In My Opinion, I think there is some advantage to removing it.
Take it or leave it.