SocietyRoyalle - 9:26 pm on Oct 2, 2011 (gmt 0)
Is it possible that Panda does not like sites which link out to many other sites as an editorial service to the user?
I don't know the answer to this question, but on our site which just recovered in this latest Panda update has links going out on nearly every page.
We believe it's an important service to our readers to link to further information - some links will be internal, but there's usually at least one external link.
If we publish a story on a new product we nearly always link to the manufacturer's product page - occasionally we'll also provide non-affiliate links to a retailer that sells it, and occasionally even an affiliate link to someone like amazon.com.