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(2009-08-09, 09:49 AM)TimB. Wrote: This is useful for SEO as it reduces outbound links and keeps search engine spiders on site.
Be careful not to misunderstand the purpose of nofollow. The only purpose is to not give PageRank to the linked site, e.g. if it's a spammers or fraud site. It's useful if you have spammers in your forum (which you shouldn't have thanks to captcha, moderators, etc.) or if you consciously link to such a site to warn people (e.g. if you're a blogger who informs about latest spammers/frauds activities).
It does not keep search engine spiders on site either. The number of outbound links you have on your page does not change the amount of time spiders spend on your page - if it worked that way nobody would be making outbound links. Spiders are not humans who click on an outbound link and never come back. They'll crawl your entire site regardless.
Nofollow links are not useful in general; quite the opposite, it hurts sites that are linked to (they don't get pagerank even though they got a perfectly valid link) and in the long run it hurts yourself (if the links back to you are nofollow as well). If everyone uses nofollow for everything, everyone loses.
If you want a recommendation from me, I'd suggest two things for your forums nofollow needs:
1) make a mycode [badurl] that behaves like [url], but makes a permanent nofollow link. It should also visibly look different from other links, like having a red background or exclamation mark in front or something so people see that it's a bad link without clicking on it. This way people could write things like "Be careful, [badurl]http://spammers[/badurl] is a spammers site, don't go there". Although wether it should be a link at all then is debateable.
2) make links nofollow, but only for postings/edits that are younger than X days. X being a low number that your moderators need to moderate postings (remove spam, or unwanted links).
This way new postings (which could possibly be spam) would be nofollowed, but old postings (which were not removed by moderators and therefore presumably okay) would use normal links.
However even if you do make it like that, it has very little purpose or effect.