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If I were to change the outgoing links to go to a redirect script or add rel=nofollow to the tag, would this cause google to no longer consider it a reciprocal link? I am also considering removing this feature altogether, but I would rather keep it. Any advice?
Make sure your script is making the link page/s tightly themed and related to your site.
I personally believe that recip links are still valuable but maybe not as much as before, - that might account for a small drop but not a plunge, ie into the 100+ results range.
Where do we always get this penalty conspiracy stuff? What penalty? How can google possibly get into the mind of a webmaster to determine why he or she did or did not use "no follow". I really doubt they have the desire or personnel to waste on evaluating the motives of any webmaster who uses this attribute.
I have lost 5-10 spots on my most important keywords from Jagger3 and I was wondering if reciprocal links could be the cause.
my main sites are all powered by reciprocal links, ahem, quality reciprocal links, likely on a scale, from what it sounds, an order of magnitude or two more than yours. Jagger kicked them all down, but now they're back. #1 and #2 for the main two keyterms.
Unscathed through another update, and I just sat and didn't change a thing.