Google and Website Speed

As you know Google announced some months a go that load speed of pages is a factor for ranking results. Now my question is: Has some body experienced penalizing because of low speed of his server?If yes, how did you solve the problem?
And should all of us buy dedicated server for our websites?

I don't think we should worry too much about what Google thinks about the speed of our sites. This is one minor factor among hundred others and it is not going to send you from the first page of the serps to the 100th. As long as your users are happy with the speed of your site, you should be fine.

Jean-Luc

Web site access speed not too slow, so easily mistaken for spider error link

google give importance to website speed for search engine ranking.

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