Just for the hell of it I did the following search on Google:
http://www.google.ca/search?q=eromod...-8&hl=en&meta= There is one result which is:
http://www.prettyteenmovies.com/EromodelCash/Index.asp
The quoted text is: ... 06-01-03 Eromodel Cash We are pleased and proud to announce that we have signed
June 2003 Penthouse Pet Lanny Barbie to be a part of our online family! ...
That text comes from the news scroller. And it is called via: !--#include file="news.htm"--
The text isn't visible anyplace else on the page.
So it seems spiders certainly do NOT have any problems with server side includes. At least not those in asp.