TalonD said:
does the CMB have a redshift?
Yes, current measurement is about z=1090
The wavelengths of CMB light have been expanded somewhat over 1000-fold
is that how we know the universe is expanding? or do we know it is expanding because of the redshift of galaxies?
CMB is one way. Galaxies are another. there are several ways to measure and record the history of space expansion, and they fit together consistently. A recent article on how the record of expansion has been determined is by Eric Linder
It is called Mapping the Cosmological Expansion
http://arxiv.org/abs/0801.2968
Recession speed is not ordinary motion that you are familiar with, and is not affected by inertia. The recession speed of a galaxy can accelerate without any force being exerted.
If it were ordinary motion, then to make the galaxy accelerate you would need a force---as in Newton's law.
Recession speed is just
a rate that a distance betweem stationary observers is increasing. Gen Rel teaches us to expect that distances between stationary observers can change. That is what is counterintuitive about it. Largescale geometry is not Greek.
Would our calculation of the expansion rate be too low because the galaxies have a resistance to the expansion which would make them recede slower than they would if they had no mass?
the galaxies are hardly moving at all relative to CMB (i.e. relative to universe rest)
their speeds (of real motion) are neglible---on order of a few hundred km/s.
there is no inertia effect making them resist expansion. expansion just means the distances between galaxies (considered as stationary) are increasing.
expansion is not like ordinary motion because
it doesn't get you closer to anything. a galaxy which is receding from us at several times the speed of light can never catch up with and pass a photon. and it can never get to any destination, by means of its recession speed.
the recession speeds of galaxies, from our standpoint, or from any other galaxy standpoint, are indeed accelerating----but inertia does not resist this because it is not like ordinary motion. it is merely the increase of distance between stationary things----exactly what the expansion of space is, no more, no less.
So the answer to your question is No. Our calculation of expansion rate does not have to be adjusted to take account of the galaxies' inertia.
There is no VERSUS in your title "galaxy recession vs. universe expansion"
There is no versus or discrepancy because they are in essence the same thing.