Traffic for my site has recovered about 30% of organic Google traffic since Sunday. Today is the third consecutive day, it's early but traffic looking good. This is long tail traffic that saw a drop in traffic over the span of a few days (June 7-June 16). Previous to this, traffic was booming especially from Feb 19 to June 6th.
My competitor was also affected during the same time. He was ranking 1-3 (page 1) and we were replaced by e-commerce and brands, some e-commerce sites that haven't been on page 1 since Nov, 2009. Main KW suffering especially in US serps, okay internationally, long tails are coming back. Fingers crossed it continues.