JamesMacf - 10:55 pm on Sep 30, 2012 (gmt 0)
@Leoshost - Thank you for the suggestions - I think this will help regardless if it was the reason for the penalty or not.
@Nonstop - The link portfolio is mainly made up of natural solicitation. We have quite a few .gov links and a lot of blog content links. This site was hit by penguin (50% less traffic) from about 90 links that we had bought - post penguin we made the effort to remove all these links and I have an excel spreadsheet showing 78 links out of 90 being removed (these links were removed months ago). The rest of the portfolio is made up from government bodies and content solicitation which has not been paid for.
@Robert Charlton - I respect the decision and will not mention the website again! In terms of it turning out badly for me - I really have nothing to hide in terms of the way the site is built/marketed/link solicited and it couldn't really get much worse for the website now Google has dropped it completely!
@Jinxed - thank you for the welcome and the compliment on the website :). I have worked hard to get it where it is in terms of quality!