Search Engine Optimization, Blog Design, Movable Type Customization, and more.
A member askes if using keywords in internal links is bad. GG reply seems to suggest that this should not cause any problems.
Link to quoteastounded, I can't give much in the way of advice about "the best" way to do SEO, but lots of good sites do internal linking using either of the ways you mention and still do fine. Heading to bed (midnight my time), but I'll check in again tomorrow.
GG addresses accusations that Google may be decreasing quality in order to sell more AdWords.
Link to quote"Maybe you'll just deny some of the conspiracies. We trust you if you say its not the case."
I deny the conspiracies. It's not the case. 
Seriously though, Google got to be where it is partly because we try our best to return the best sites to our users. We haven't stopped that tradition, and I hope we never do. Any short-term revenue from purposefully hurting our quality would ultimately do more long-term harm to Google (and its users) instead. I can say with complete confidence from my experience here that Google takes the long-term view about maintaining its quality. When we see ways that we believe we can improve our quality, we test it out a lot and then introduce those changes.
I think most of the data for this iteration has been folded in now. After any change, some people are going to be happy and some people aren't. We take feedback seriously (that's why I mentioned writing to webmaster [at] google.com with specific comments using the keyword "floridaupdate" several times on this topic already), but it's a fact of life that only a few urls can be on the front page, and if one site replaces another then someone won't like the results and someone will.
GG replies to a member commenting on his absence.
Link to quote"No comment from the Google propaganda Guy in the last 12 pages of this thread... "
I've been checking in and reading, BradBristol. Some of the conspiracy theories/imminent downfall of Google stuff drives me away a little.