This is the most recent Google Webmaster Videos by the one and only, Matt Cutts answering a question about Google’s view on guest blogging. The video is worth a watch and to sum it up, Google doesn’t have an issue with guest blogging as long as it’s quality content that’s unique. Matt uses an example that taking content and spinning it out, and/or distributing the same article to multiple resources isn’t the best idea. Here’s the video.