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Yahoo doesn't seem to mind 301s, meaning they will eventually find the right page. That being said, they seem to spider 301s over and over again. It's like they don't care about the directive. For example:
I want to redirect:
www.hompage.tld/somepage
To this:
www.homepage.tld/somepage/
So I use a 301 to handle the redirect. Yahoo will rank the page, however, it doesn't seem to learn about the redirect.
I think Yahoo gives more weight to huge sites
That may be why pages on my smaller site does well on Yahoo for key words that are really unusual but for more common phrases it doesn't do so well.
In the past I did as well on Yahoo as Google and IE so perhaps there was a change in the algo a while back.
It would also explain whey wikipedia does so well in spite of having a great deal of inaccurate information.