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If Google is interested in finding good content for the searcher I can't see why they would penalize pages with article length text.
IMHO G is more interested in offsite relationships than on page word count. I design for readability and ease of use rather than content word count.
>Wilksie
I think on real specific keywords it really doesn't matter. Plus if you have enough quality incoming links you may not need any text and a full thesis may still rank well.
I mostly brought it up here as I had never thought of text length as a factor.