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We're adding support for the Meta tag called NOYDIR that will complement the 'NOODP' Meta tag, which we already support. If you're unfamiliar, the 'NOODP' Meta tag is basically a way for webmasters to indicate that Open Directory Project (ODP) titles and abstracts will not be used in search results for their pages. While we continue to pull from various sources to provide the best title and abstract for a given page in search results, we realize that webmasters may still want the ability to exclude titles and abstracts from the Yahoo! Directory. So, as promised, we're providing support for 'NOYDIR' which will recognize the following Meta tags on your pages:
<META NAME="ROBOTS" CONTENT="NOYDIR">
<META NAME="Slurp" CONTENT="NOYDIR">
joined:Nov 11, 2000
I got my title and description back and moved up 4 spots.
As I understand it, the Yahoo Directory title is an overlay, after ranking, not something that would affect your position in the serps.
For me, the value of the change is in increased clickthroughs if you have good titles.