Phluid from BHW and I had a discussion about this a while ago and we are starting to think especially post penguin there is some kind of neg happening from spun web 2's. Originally we were thinking they would be just discounted (which would be the smart move by Google) however Google has been showing they aren't so smart lately and we could be getting some neg come through. I have found no proof as yet but I am keeping an open mind about it. Anyway from now on any tier 1 and tier 2 web 2's I do will not have spun content. Expensive, but hey I got some good sites that I don't want to damage so that is the way I will be moving in the future.
As someone that makes 50 or so thousand web 2.0s (or equivalents) per week all with extremely well spun, highly readable content,... I'm probably uniquely qualified to answer this.
Web 2.0s have no penalty. The penalty people see is actually a lack of value, and this comes from tier 2 pyramids, along with a lack of domain diversity.
That being said, this only applies to google.
I just recently had a site go from nothing (new site) to #1 before I even created the 2nd, 3rd and 4th tiers to the pyramid (modestly competitive niche).
So yes... web 2.0s work.
The most power comes from keeping your web 2.0 total links <40 from each domain and making EXTREMELY powerful PR generating tiers above them.
I wish there was a way to make more powerful and larger tier 2s, but I'm still left with creating a 1:20 ratio between tier 1 web 2.0s and tier 2 web 2.0s, and then injecting higher PR blogposts into tier 3 along with articles. This takes an insane amount of content, time and automation... but I'm seeing good results.
Aside from the usual 2.0's (hubpages, squidoo et al) are there any that you guys suggest that naturally have low OBL's and allow / withstand large backlinking?
I've replicated your spinning technique (and modified it slightly) and am getting great content from it, thanks for that. One thing I have been wondering however is your PR generation method, when you say "making EXTREMELY powerful PR generating tiers", what methods are you using aside from backlinking them, is it fair to assume the unique content generates PR of it's own; what other methods are there?
Search BHW for the list by PHPBuilt. I'm too busy to find the link at the moment. You could work for months with that list and not use them all.
Tier 2s link to authority sites and each other, and then 1 page of tier 1 (very very large 20k or so web 2.0 pages in a link wheel) I then inject some high PR links into that... usually 1000-2000 blogposts, plus the usual bookmarks (only ones that google indexes) and such going only into tier 2.
How long does it take to rank for a keyword with medium competition?
it's hard to decide with just 1 web 2.0 created. However, recently I created about 30 web 2.0s all with unique content for one of my clients and the site gained ranks for a moderate keyword.
I'm noticing that a lot of the sites that I fired spun web 2.0's at have disappeared. However, that my be due to lack of anchor diversity.
Are you using a bad tool like Magic Submitter or SEnuke?
SEnuke did this (or gave no results) about a year ago.I was using Fiverr gigs mostly. Im not sure what software they were using. Most probably SEnuke. Some site have gone off the face of the planet and some have gone back a few pages on big G. Yahoo and Bing are mostly unaffected.