whatson - 11:16 pm on Jul 18, 2011 (gmt 0)
I think it quite possibly might effect it somewhat. There is likely still value there, but less. Perhaps something like if you have a link on a PR4 page that has pandalized, then it may only be the same as a non-Panda'd PR2.
The is entirely speculation, and just my own thoughts, again like others, I have nothing to support this and haven't seen any evidence. I was just thinking if I was Google, what would I do?