lc4seo - 5:12 pm on Mar 14, 2012 (gmt 0)
Back when Panda first rolled out I was asking myself these same types of questions. Panda is all about quality of content, and I have some good content on a penalized domain. What is I took the good content and left the bad. Will the 301 redirect transfer what good juice I have and eliminate the bad? The simple answer: YES. Back before the holidays I took some decent content from a pandalized website and moved it to high quality site (that didn't have that many pages). By creating new pages and placing the content on a better site these page started to rank. And rank very well in a pretty competitive niche. The pages on the old domain that had pretty bad content (Or over optimized content) were left behind. Those specific pages were 301 to less important pages on the new website (like the site map, about us, contact us). The panda penalty applied to my old domain was lifted and the good content that I moved over brought those pages higher up in the SERPs. I thought it also helped that I redirected other dead pages from the old website that still appear in the index.