Tallon - 7:32 pm on Apr 11, 2011 (gmt 0)
I wasn't hit by Panda the first round but I appear to be dinged a bit with this update (reshuffling in the top 10), though overall numbers are so far slightly higher (for both U.S. and U.K.) but things aren't done yet.
Some of my highest, most linked to pages have dropped a spot or two (or three) and so far I see about, ask and sites like that outranking me.
I would say: inbounds count less than before (these pages have been naturally linked to by all types of sites, mainstream media, blogs, reference sites, social media, yada yada, all completely 100% organic). Or it could be older links no longer count for much.
I'm also seeing websites with a strong social presence moving in, and if google thinks blackhats are a problem, wait till the nepotistic mommy bloggers start gunning for keywords (they're getting stronger in this the past year or so). They are VERY GOOD at promoting each other BY THE THOUSANDS and paid links don't seem to ding their sites (running contests and twitter/facebook promos on their sites for big companies and each other).
I'm seeing one site with hundreds, maybe thousands, of super thin pages with outbounds in IFRAMES not affected at all (with the regular site articles bumped up in rankings). It's astonishing. High social media/mommy blogger.
What's different about my site with this update vs. the first one: I removed some pages I thought might be thin.
This is very, very interesting stuff and it aint nowhere near over yet!