walkman - 10:59 pm on Jun 8, 2011 (gmt 0)

If you've made changes to your site, at least the part that Google has managed to index (maybe not all 10,000 pages you binned!) at the instance(s) they rerun the calcs is in the Panda data.

I assure you I didn't have 10,000 pages or even close, but even now I have 4 times less than I had on Panda day. And Google gets them every 2-3 days, 100% of them. On my non-pandalized sites I have over 100,000 in one and 30k+ on another, traffic is way up there. Whether content is analyzed directly or not Matt answers is very clearly if you read between the lines:

DS: You guys made this post with 22 questions, but it sounds like you’re saying even if you’ve done that, it wouldn’t have helped yet? MC: It could help as we recompute data.

He speaks of 'data,' not 'as we re-index and re-process the content of the page.'

"There’s one change that might affect sites and pull things back" -- is saying that they have only back-tracked with one change.

Or if you get 4800 links from different newspaper sites. We don't know what that signal is. But we can ask around and see if any Feb pandalized site had come back or not.

3) "It could help as we recompute data." -- a fuller response might have been: "look, we weren't anticipating such wholesale decimation of websites inflicted by spooked webmasters. Now we're way behind the current reality in terms of indexing all this and recalculating the link graph, etc. Frankly the index is now a mess of 404s, 410s, 301s, canonicals, noindexes and nofollows and it's going to take a while for the our picture of the web to catch-up with the new reality."

Google is talking about figuring out why mangos get hot in boxes, so it's obvious they have more than enough computer power for that. My site:domain.com and all WMT data has been accurate for well over a month.

Rlange, two of my competitors that were hit by Panda 2 are showing a major increase by Alexa for the past month. It corresponds with the loss they suffered. As far as I can tell, no changes were made by those sites, and at least one truly sucks. I know it's Alexa but presumably they used the same method before and after.