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Correct. Here is an official blog post on the subject: http://googlewebmastercentral.blogspot.com/2008/06/duplicate-content-due-to-scrapers.html

Thanks for peeking.  I thought it could take up to two weeks though?  When I tested in rich snipnets, my photo popped up and said I was verified.    I hope I really am  - yikes.

It was manual - mainly with my FAQ pages, sizing guide, etc. I still have loads of duplicate with TERMS and CONDITIONS and PRIVACY POLICY.  Is this something to block in robots.txt?

Thanks Rob. @Tutugirl, see Rob's answer. He answered the timing piece very well... "IF they were really press releases, how would they be timed? "

It won't give you link juice.  It might give you traffic, but probably not a lot.  There are probably other opportunities that your time/money are better spent on.

Tech team at 3dcart said there is no way of fixing their blog.  Pretty crazy they released it like that. Is it better to create a subdomain blog.domain name or can I just put the self hosted WP blog in a folder to my site like this:  domainname/blog? I just want  Google to see fresh content to my site all the time, I'd go with whichever one works best.

I have a question for someone about blogs.  I have two - one on my website and one at Wordpress.  How long are blog posts supposed to be and is it okay to have links pointing from my WP blog to my website?  I'm not sure how that looks in the eyes of Panda.