Hissingsid - 1:44 pm on Oct 10, 2011 (gmt 0)
I remember off forum discussions with various people after the Florida update. It ended up that it didn't really matter what you thought had caused the problem. What mattered was finding something that you really believed in and doing something about it in a concerted way. Some people thought it was an over optimisation penalty that caused their problem, others that semantics was the root issue and that they needed to broaden their page and site semantics.
In the end doing something about one of these probably did something about the other so it didn't matter if you were right.
I think that Panda is probably the same in terms of find something you believe in and implement it. If you work on the assumption that you need to improve the user experience, find reasons for people to find satisfaction in your site and make your site more semantically rich there's a fair chance that you will do stuff that gives the right signals to Google and you'll start the recovery.
That's what I think I'll do anyway.