walkman - 2:29 pm on Jun 8, 2011 (gmt 0)
"Pull back" in this context appears to mean "reduce the scope" of Panda. It looks like they are improving the specificity [en.wikipedia.org] of the algo.
In other words, 2.2 will include a change that might return SOME sites to previous rankings. This is NOT a reversal of a penalty, it is a redefinition of the scope of competence of the algo.
You are missing the point, they have not taken in considerations the content changes. Just re-run the 'data,' whatever that means. So until they do that, it's a PENALTY. If a site was penalized for, say, too many tag pages and they removed them, they are not getting credit for it.
I feel for people who have devoted dozens or even hundreds of hours in an effort to restore their websites after the Panda slaughter. It looks like some or even much of that may have been in vain. Many of the veterans at this venue gave very good advice right from the git-go ~ "sit tight, let it play out, and don't over react". I've not recovered, but on the other hand, I haven't wasted days/weeks of my life either. Glad I listened to them.
My rule from now on: if Google makes Matt Cutts say it, it's a lie.