Not really. But kinda.
Google have announced the release of SearchWiki, a way for you to customize search by re-ranking, deleting, adding, and commenting on search results. Don't like a result? You can vote it down. Likewise, you can vote links up if you think they deserve a higher rank.
These changes will only appear in your Google account, and won't influence the result sets as seen by others. However, it is hard to imagine that Google won't take note of such signals, especially if they see broad patterns emerging, and then feed this data through into their algorithm development.
When asked about this point, Google sounded a little cagey:
"Dupont was noncommittal about whether the company planned to build in that feedback loop, either directly as a signal to influence search rankings or indirectly as extra data that could help the company judge the relevance of its search results. But he certainly didn't rule the idea out. We don't close any doors. We constantly evaluate signals" that are incorporated into the search results algorithm. Search is adapting to the Internet as it becomes a more participatory medium. Now you have people telling us specific things about how they'd like to see their search results."
Make of that what you will.
Is this a sign Google are looking for other signals of quality? Do too many people know about the influence of inbound linking these days? Quick, vote down Wikipedia! ;) Curiously, Wikipedia's seo page already has 4 negative votes.
Seriously though, let's try an experiment. We here at SEOBook.com love votes for link building, seo tools, and seo ;) Best review on seo for Seobook.com wins a free month of Aarons world-famous SEO training program.
SearchWiki could also be seen as another distribution channel and potential link source ie: the people who look at the SearchWiki are likely to be webmasters. Something to think about if you're targeting this group.
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