ColourOfSpring - 5:59 am on Aug 7, 2013 (gmt 0)
Just a quick advise... lost rankings/traffic with old websites? solution: start a new one with fresh unique content, perfect design, user friendly, some social networking, G+ authorship, DMCA protection, a couple of good links, follow Google's guidelines and be patient. That is the whole panda/penguin all about....IMHO.
Sounds like a mellow version of churn and burn to be honest. What happens when your new site (that has no following, no brand name, no repeat business, no word of mouth) gets hit with a new Penguin update? Rinse and repeat?
I have 2 sites that were hit by Penguin in April 2012. Never recovered since then (in terms of Google). They still make me good money today. Other non-Google things like word of mouth and repeat business helps both sites. You might even say that word of mouth + repeat business = brand. Google is not the internet.