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It has always been a theory of ours that Google looks at other factors that are less obvious and I think that the recent “speed performance” report in the Google’s webmaster tool is pretty glowing evidence. Good websites from legitimite online businesses need not worry, it is the spammers with thousands of domains that are in trouble. The next factor you need to worry about is usability of your website, conversion, bounce rate, etc. as I am sure Google is looking at this too.
Here is more: http://searchengineland.com/google-releases-page-speed-report-in-webmaster-tools-31036
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