Whitey - 4:49 am on Mar 20, 2013 (gmt 0)
I think folks have got to shift their mindset to meet the challenges. Linking is/was both a nightmare for Google to manage and site owners to play in.
On and off page manipulation of link text / linking is gone/going.
What doesn't get talked about enough is how to manage the transition from old to new. Exceptional content, UI leading to reputation and brand signals. If you play that game in your niche, you probably have a bit of a foreseeable future.
If you are hanging on to old style techniques, the future is very limited at the high end of the food chain for small players. Grow your specialization in neglected areas of influence. Then just organize it and enable it from an SEO perspective No need to go hog wild with old techniques then.
I think a lot of SEO practitioners need to amend their approach andperspective a little to prepare for the future, not just this update. But that's not always easy as habitual thinking and tempting deviations also have an influence to distract that clarit.
Sadly, for some site owners , bad advice is going to get some into trouble.