TheBigK - 6:24 am on Dec 16, 2012 (gmt 0)
I see. All the folks on Google Webmaster Forums have been unanimously saying that those errors don't affect your ranks and SERPs. But the evidence suggests that they are interlinked.
I've read several webmasters saying that they got their rankings back after all the errors were gone.
I've began believing that Google's algorithm team doesn't let those active GWT forum Googlers attend all their meetings. Hah!
I've no other option than finding solace in believing that Googlebot found a ton of broke links on the site and thought "this site is crappy, let me not crawl and rank them while they address the issues on their site".
I wonder how long will it take Google to restore rankings once the error count is below the mark?
PS: Did you see big drops in error counts? Did you do anything special to reduce the error count? I fixed all of them in one go, because 99% followed a pattern.