Do you think Link:Content Ratio counts in SEO?

[arousta]

We posted the same question in Quora. But hope to get responses or test results from SEOMOzers.

This might help Google for identifying:

High Link:Content Ratio = Parked Domain 
Moderate Link:Content Ratio = Directory Site
Relatively High Link:Content Ratio = Normal Website
Very High Link:Content Ratio = Article page or Blog

Do you think Google is using it, especially during Panda Update? I am trying to find a reasonable cause of many situations like the PR of deep links or category pages in Directory sites has vanished. And if that has something to do with it.

[blacey]

I think that Google holds more weight on the number of linking root domains to your site as a ranking factor.

That being said I think internal vs external links within the site is another important ranking factor that would need to be reviewed.

It's hard to say whether Google is using that information or not, and if it is, it would be difficult to know how much weight Google puts on it. I would suggest you look into link relationships http://gmpg.org/xfn/intro for your site links. It has been hinted that Google may start using XFN relationship tags in its algorithm and it wouldn't hurt to add these to links where relevant.