I don't know for sure if Dan Sandler is right about what the final plans of Yahoo! are but his last sentence sums it up quite well:
Because—and this is the Yahoo! endgame—it really doesn’t matter who owns the #1 search engine, if all the links point to your Web properties.
Dan's basing this off the various acquisitions Yahoo! have made in the past year or so. Companies or sites which already have a user base that create information, whether it is pictures on Flickr or bookmarks on del.icio.us. And in that creation of information, more and more people will point to the new things and the cycle repeats itself.
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