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Robots.txt vs Rel=Nofollow vs Meta Robots Nofollow

I was just fixing up our Robots.txt tutorial today, and figured that I should blog this as well. From Eric Enge's interview of Matt Cutts I created the following chart. Please note that Matt did not say they are more likely to ban you for using rel=nofollow, but they have on multiple occasions stated that they treat issues differently if they think it was an accident done by an ignorant person or a malicious attempt to spam their search engine by a known SEO (in language that is more rosy than what I just wrote).

Crawled by Googlebot?
Appears in Index?
Consumes PageRank
Risks? Waste?
robots.txt no If document is linked to, it may appear URL only, or with data from links or trusted third party data sources like the ODP yes

People can look at your robots.txt file to see what content you do not want indexed. Many new launches are discovered by people watching for changes in a robots.txt file.

Using wildcards incorrectly can be expensive!

robots meta noindex tag yes no yes, but can pass on much of its PageRank by linking to other pages

Links on a noindex page are still crawled by search spiders even if the page does not appear in the search results (unless they are used in conjunction with nofollow on that page).

Page using robots meta nofollow (1 row below) in conjunction with noindex do accumulate PageRank, but do not pass it on to other pages.

robots meta nofollow tag destination page only crawled if linked to from other documents destination page only appears if linked to from other documents no, PageRank not passed to destination If you are pushing significant PageRank into a page and do not allow PageRank to flow out from that page you may waste significant link equity.
link rel=nofollow destination page only crawled if linked to from other documents destination page only appears if linked to from other documents no, PageRank not passed to destination If you are doing something borderline spammy and are using nofollow on internal links to sculpt PageRank then you look more like an SEO and are more likely to be penalized by a Google engineer for "search spam"

If you want to download the chart as an image here you go http://www.seobook.com/images/robotstxtgrid.png