Tedster, was your sense that the "drops for a phrase/page pairing" were justified? Are better results showing for those phrases? Personally, I'm fine with any changes that give better results for a specific phrase. I remember in the early days of Google, somebody would search for "the capital of Minnesota" and end up on my Minnesota venture capital page. I'm glad to see bad phrase-page pairings like that go away, but my limited sampling suggests that the algorithm isn't necessarily giving better quality results for phrases where we've lost ranking.