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I am in an industry where this is common. After the last update I have noticed that no domains over three (seperated) terms are ranking high anymore.
My theory is that there is some sort of new "penalty" on longer domains. It seems three is the cutoff.
For a term like viagra it used to be domains like viagra-buy-cheap-viagra-impotence.com showing up prominently, but across the board they have dropped in ranking.
On an unrelated note, the new Inktomi/Yahoo seems to love long keyword domains :)
Those that do have a single dash and good pr, had that before the penalty so it wasn't a sweeping thing. But ya, I noticed the double dashed (and more) have seemed to be sliding into the deep end of the rankings the last two updates.
sorry to take it slightly off topic. but what do you mean by the new Inktomi/Yahoo?
Shak