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Not only is this making me look incompetent to my growing user base (when they look back at the previous issues), I'm concerned about organic traffic. How long can a server be down before it will have a significant effect
[edited by: Asia_Expat at 1:35 am (utc) on May 28, 2008]
Don't forget too that the more inbound links you have the more ways the bots have to keep encountering you. One of the many reasons why diversity, depth and breadth of links is good. I assume that what the bots encounter also plays a role, meaning that error messages are less damaging than, for example 404/410 or redirect responses, etc.
People can panic when sites go down, understandably, but in my experience, what you are going through is more a matter of lost users than lost rankings.
All that said, I've been through enough pain on this front that "discount hosting" is no longer a positive term to me. ;-)
the server wasn't down as such but i was serving custom 404's for all pages.
the cached page in google showed the custom 404 message after a couple of days, and then within three days of it serving proper pages the cached page (sitewide) was showing the updated page. the ranking stayed the same even while the 404 was being served.
[with reference to caveman's comments - i concur that the downtime is a loss of visitors issue rather than a loss of ranking issue, this for a large site that has been in the index 10 years]