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martinibuster - 4:03 pm on Dec 26, 2006 (gmt 0)
If your site was in the top for only a few months, then that's a different story. It might not come back.
I've seen some sites I follow drop to the second page. None of mine were hit, though. If your site historically sits at the top of the serps then if one were to judge by past experience, it's very likely to come back within weeks or even a month or two.