The majority of SEOs believe Google’s Penguin update is about links and it is a link based algorithm.
Google has never fully confirmed it is a primarily link based algorithm but maybe that has changed?
Google’s Matt Cutts responded to a question on Twitter saying:
The hard part here is that Matt was not being specific in his response. Yes, he was responding to the question that read:
But is that response a general response or a Penguin specific response?
Only Matt knows for sure, but I thought I point it out.
I did ask Matt what he was referring to specifically but I did not yet receive a response.
Forum discussion at Twitter.