JD_Toims - 7:29 am on Aug 4, 2013 (gmt 0)
What is best way to redirect traffic without passing on penalty?
Personally, if the site got direct traffic, I think I'd noindex the old site then meta refresh and put a link pointing to the corresponding page on the new site.
EG: "Hey, we've moved to a new site. If your browser doesn't redirect you within 10 seconds click [link]here[/link] and you will be taken to the corresponding page." (I say 10 secs, because to the best of my knowledge it has to be a fairly long meta to not be "counted" as a 301 redirect.)
If there's not direct traffic, I'm not sure what I would do, but I'm fairly certain I would not 301 redirect, because over time the "penalties" will likely catch up with you.