I have recently launched "(keyword)(brand).co.uk and are currently on page 4 on searches for that specific keyword although only a month or two in. The content is good and I have several hundred highly relevant product pages.
We have just bought (keyword).co.uk and were planning to use this domain name instead. I am already aware that panda and penguin have devalued having keyword as domain name but I believe it still holds a little value for seo and also it will add more `industry expertness` type thing to the site.
We would only keep the latter website live as the content would be identical so I was wondering if it is worth doing a 301 redirect or just starting again.