anshul - 6:05 pm on Feb 26, 2008 (gmt 0) Y! search is less important now.
Involving public and natural audience is important.
I don't think participation or holding of Web masters is that important.
There are other (meta) search engines, blogs, directories improving here.
I doubt, considering Y! has 15% traffic, Web masters having substantial traffic to their Web sites would care Y! results. (Y! would rank their Web sites promptly. No need specific caring about.)
Neither natural audience nor Web masters community would be interested.
Users may be liking Live more than Y! in sometime.
Y! search is less important now.