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Google Search is losing its 'cached' web page feature
(www.engadget.com)
This is a most excellent place for technology news and articles.
I'd say things are much worse than they used to be. Sure, in the past sites would disappear or completely fail more often. But, because most sites were static, those were the only ways they could fail. These days the cache feature is useful for websites that have javascript bugs preventing them from displaying properly, or where the content-management-system still pretends the link works but where it silently just loads different content.