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It's just as possible for webmasters to fall out of love with Google and to promote a new favourite...
We just need a new favourite to appear on the scene...
If I had a way to lessen my reliance on Google for search traffic I would do the same.
Hope you get over this soon!
It's still early days as I don't think Google's 'madness' is over yet, but my search engine results haven't been impacted - just my PageRank i.e. Google is penalising the PageRank of sites it thinks has been using that arbitary number to sell adverting or to pass rank on. whatever they really use to rank pages hasn't been affected.
I intend to do nothing for now. If I lose some advertising then so be it, but I think I'll be ok as I'm getting to the point where most advertisers are buying traffic not rank.
phpBB.com was hit by the penalty too - they were one of the worst hit - they dropped from PR10 to PR8 a couple of weeks back. Just a while later, they were brought down to a PR5. I would think next in line would be that the penalized sites *may* be removed from the SERPs although its a very delicate matter. But at the end of the day, its a private search engine and they can do as they please - whether we use them or not, we can't blame them for running things the way they want.
I truly respect the fact that you don't want to bow down, nor that you need the traffic that Google sends to a high degree - but I would still request you to make the links nofollow - if as you say the advertisers are paying for the traffic, they wouldn't mind that the links are nofollow'd would they? Plus, you would have a better leverage in the advertisement pricing if your PR is higher, although you set the links as nofollow. Not to mention the "authority" status that comes along with it and the edge in the SERPs placement.
But its purely a personal choice, whichever decision you make - I'll continue to visit this blog, no matter what your PR is.
But do let them know you're changing them to nofollow, if you don't mind me telling you - offer them a compensation package if they are disappointed that you are nofollowing the links, perhaps a partial refund or an extended contract period - whatever. Of course its your discretion as to that - I just wanted to fill you in on the possible options...
I'm sure it would keep everyone happy, of course it would mean a partial slack in your profits, but I'm sure its going to be well worth it. Wish you the best of luck!
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Yet another proud reader of ConnectedInternet.co.uk
Text link "ads" were selling page rank and not legitimate advertising. Essentially changing other peoples' grades for a fee. Google's own ad sales use javascript in the client to prevent any seo benefit; they're simply asking other web sites to do the same in exchange for free inclusion in the index and the free traffic that brings.
Honestly, I don't see anything unreasonable, let alone anti-competitive. Sorry to disagree; that's just how I see it.