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As usual though there seems to be a lot of grey area there. How is quality judged?
Popular comments for this video on YouTube make me sad... These people, unfortunately, "represent" SEO industry in bad light...
There is no grey area, it is quite simple. Look at it from a visitors perspective, what they want to see and read and know that high quality, relevant and thorough coverage of a subject gets rewarded.
I dont see the problem here. Google has made it plain that they really dont appreciate SEO, but that its a necessary evil. What Google wants eventually, is for the best companies to sit atop SERPs and NOT the best SEO. I agree with them on that, and if you are an SEO who relies on links and not good content, you are probably going to need a new career soon. 
I have not watched the video yet, +Bill Nadraszky, but good quality articles are easy to judge.  The author will be an expert and will reference primary studies or articles.  When you check their summaries by reading the referenced articles, you will see that they are generally correct, their opinions are well founded and their predictions mostly pan out.  A high quality author might be partisan but they give credit where credit is due and correct their mistakes and misunderstandings.  

Examples of high quality blogs in software that I enjoy and often like to are the FSF, Groklaw, and Techrights.  The first is a primary source because GNU writes software, but all three have technical competence.  Groklaw covers several legal cases with laser sharp focus, primary document publishing and excellently curated community feedback.  Techrights covers many issues and does a good job of aggregating and abstracting various blogs and magazines under Roy's excellent editorship.  At another level, Richard Stallman publishes a wonderful political notes.  These people and organizations do the work of a free press, they makes sense of chaos and pull  meaning out of empty spin and garbage press.  Often they cover important issues ignored by corporate media.  
+Will Hill a niche niche law site (surly lexis or westlaw should be prefered) and two incredibly partizan FSF sites (not exactly neutral) Your preduces are showing.
My interests are showing, that's for sure, +Maurice Walshe   I consider Lexis and Westlaw primary sources that are more part of the problem than the solution.  They only exist because our courts and other institutions don't publish as they should.  We would all be better off if that were different and the Groklaw community goes to great lengths to overcome this problem.  Courts are starting to understand and share but we still need expert authors to make sense of primary sources.  

Preduces What an interesting way of getting news.  I might have to try that some time.  
This is why authorship (rel="author", Google+ connected) has been pushed so heavily in the last year or so. By attaching the content piece to an author rather than just a page or domain's authority, the algo has more to go on for assigning value to an editorially given link.
My crystal ball tells me that the next Google update will kill 'made for guest posting' sites. Then people will complain how Google now punishes legimate marketing tactics. 
I think Blogging is on web still its beginning and cannot be considered by +Google+  as bad way of promoting sites
I think at least Google can judge if your guest blog is for link from the byline and link site, for example, your content is about how to keep fit, but your byline and link are about house loan, that's obviously guest blog for link.  And for the content quality, don't forget in the last two year Google was keeping on "value your page's quality".
Related Content of the blog is giving link to detailed information should not come in guest post according to me. 
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