its still there and has not been deindexed.
RE 'why the fuck would you blast a new site'
well because the whole it will get deindexed!! to me has always been fairly overrated and i have dozens of sites that have never been penalised.On a regular basis I blast my sites direct but do realistic figures and diversify my links with quality and quantity. 5k on a new site over a week where about 1k would get through is not in my opinion not that bad.