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Some facts:
- the subdomain has thousands of pages indexed in google and as stated above, we are in top of google with many competitive terms
- yahoo does not list our subdomain, so we are nowhere at yahoo, msn does list us in top positions for our main terms (3-5)
- we have many incoming links to the subdomain.
What would be the safest way to get rid of subdomain and use the domain name instead? I mean, a 301 redirect from the subdomain page to the domain name would be an easy task, but how will this be treated by google?
Is the PR passed to the new domain name? Will our google rankings stand where they are?
You said that your reasons for doing this is that your original subdomain is a little long and hard to remember. Why not take your new domain name and do a 301 redirect from it to your existing subdomain. You could then use your new domain for marketing purposes, and know that you weren't going to lose rankings from the existing subdomain.