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pg has said in the past that it's because of spam. allowing the urls to stay live in that case would give them unwarranted google juice.

EDIT: pg says it's because he doesn't want people following spam links. i stand corrected.



It's not page rank (links are nofollow till they get 5 karma) but traffic. I want spammers to realize they get so little traffic from HN that it's not worth posting here.




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