aquanaut - 6:50 pm on Oct 7, 2013 (gmt 0)
@Whitey - Last disavow update was 6 weeks ago and the first one just after penguin 2.0 (3 months ago) so I am sure google has had enough time to process the file. We have been disavowing the largest sources of spam - anything that has been deindexed, malware or hacked sites, heavily spammed forums and dropped domains re-purposed for link networks. Some of these links probably do pass quite a bit of juice but we do not want anything to do with them. Total domains disavowed would be around 1700 so total links disavowed would a few million.
We did manage to get 500k links removed from a few of the larger free hosts but within a few months these were replaced so link removal is not a viable option - the daily volume of spam is just too much - just the nature of the vertical we live in.
Site has never had a manual penalty and has not been affected by panda as far as we can tell.