Onders - 3:50 pm on Feb 21, 2012 (gmt 0)
What makes it interesting from my perspective is that we have a site that is very large and varied. Due to the size and scope there are more potential "offending" elements.
Actually - let me rephrase that. I know we are not doing anything bad and we never have, but there are always things one could be doing better.
The classic example is news articles. If you write some good content, but the news is effectively pulled in from different sources and re-written (and not uniquely researched by journalists) then maybe this could be a determining factor.
Maybe some of the content we have on the site which is not 100% purely related to our niche is causing a problem (even though users still seem to like it and is relevant for our market).
Another possibility is interlinking and IA. Could we be doing this better? Yes.. definitely. Could it have a major effect though - I doubt it, but am not sure anymore.
And then what about page loading. If our page loading is just under the average for websites could this be hurting us and have been a reason for our Panda hit? We run a few dedicated servers as it is and improving that side without knowing if it will have an effect is.. well, costly!
Rant over for now - I'll update on here when we have addressed each of the potential areas (which we are committed to doing), and keep you all informed in the hope that it will also benefit others
For those who have sat through this - thanks for your time!