Originally Posted by yardsites
I'm glad your taking such an interest in our services.
Here are more details on Google's take on duplicate content (in short “I wouldn’t stress about this unless the content that you have duplicated is spammy or keyword stuffing.”):
If you watch the video, Matt Cutts is referring to disclaimers that companies like insurance companies and the like have to have throughout their sites. That's not the same as having the same home page, etc content across multiple sites. Ignoring the SEO implications, how does it look to a prospect if they visit Company A's site, read through it, then start reading through Company B's site and see the same thing? Are the going to think there's a glitch in the matrix, or are they going to think one (or both) companies are low rent cheaters? I know what I'd think.