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301 redirects can easily be reversed as needed. Think of it as call forwarding. You can cancel call forwarding or even re-forward a number. Depending on the importance (i.e. PR) of the particular page which is being redirected, search engines may update their records in 1 hour or it may take several weeks. Sometimes the redirect goes smoothly, and other times there could be some bounce experienced, but things should settle in after a month. 301 redirects are a very natural part of the internet. Search engines are designed to handle them well.

Hi Ryan, Thank you so much for your help. This makes perfect sense and I believe this would be a much better strategy and was honestly something I hadn't considered. Really appreciate it!