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We've received the classic manual penalty messagewe didn't receive any unnatural link warning... we just loose the serp positions.. we don't have too much backlinks anyway..
They must have really lost the war against spamThis is the only basic problem we have with google, spam sites are still coming on top pages.
How do you know that you have been Penalise?If its due to unnatural links You will definitely get a warning, same with manual penalty, otherwise it would be an algorithm effect.
at least there is bing/yahooYes they are there, but still they don't know how to capture the market, till then we had to depend on google, i guess.