Recently, the video team of WebProNews (a sister site to MySEOBlog) caught up with Matt Cutts from Google and discussed the pending feature of Caffeine, which was a test search engine that returned search results at a faster speed with better organization that rapidly updated data from various social networking websites.

During the video interview with Cutts, he also discussed the idea of the speed of a site playing a factor in ranking sites in Google’s index in 2010. Site speed is already an important factor when searching for websites in today’s “fast-paced” society, so this will make searching and finding faster sites in an easier way.

Click on the video below to watch this exclusive interview with Cutts and what he had to say regarding site speed’s integration with SEO:

With this premise, many webmasters may have to increase their resources, such as finances and server types and space to get their sites faster and better within SERP (Search Engine Ranking Pages) if and/or when this idea is implemented into Google’s SEO criteria.

There still are various websites around the internet today that have slow page loading times. This criteria’s implementation will definitely awaken the web administration community to make sure their sites are up to date and speedy so that the next time Google crawls their site, it is most efficient for their SERP position and visibility to increment.

To test the speed of your website, there is a Firefox plugin called Page Speed that will analyze your site, along with various tips that you can use to help improve your website’s speed.

What do you think about site speed being an SEO criteria in Google? Do you think it will help SEO or degrade it? Please leave your feedback in this post’s comment section. It would be great to see the reaction from various people around the net with regard to this criteria.