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Google has started to discriminate against parked domains - potentially by identifying the IP range/Parking company they are on.
There is also a new option for advertisers to turn off parked domains from their ad listings.
More and more, development is the answer. Personally, I want to see Microsoft buying Yahoo to put Google back to where it belongs.
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IMO, this is very smart move from Googe and it will definitely improve search results quality and help developed sites with real content to come to top. This shouldn't bother you if you have domains with type-in traffic which don't depend on search engines.