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Originally Posted by BlueWire
Not sure about the recent google updates. But in the past, no, they have not treated them as different and it actually was treating just directory listing better.
I'd say its a waste of time
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This is for a site I am opening...not really looking for uber SEO on it just need to get the job done and was making sure using the same IP on the subdomains wasn't going to hurt me. Thats all I needed, thanks man.