Planet13 - 3:33 am on Jan 9, 2012 (gmt 0)
There is another possibility:
Spam Team and Panda team are not communicating well with one another, or the Panda algo is SO complex that Spam Team itself is not sure whether the ranking change is caused by a penalty or by Panda.
It may be that Spam Team needs to "check in" with Panda. Maybe (wild guess here so please don't quote me) reconsideration requests will be handled by Spam Team but they may actually need to be run through the Panda Team to confirm that the rankings decrease was due to the algo?