Hissingsid - 7:56 am on May 31, 2012 (gmt 0)
With regard to phrase by phrase. If you add UK to the end of the most affected 2 word term in my niche you get much better results that are almost identical to the pre-penguin and in fact pre-panda serps. What I mean by better is that most of the top 10 are micro specialists that I would consider to be real world competition.
There is still one site that has been heavily penalised that isn't in the top 100 for <<search term UK>> and there is still one that is a happy accident for someone who has pushed all of the right buttons and unexpectedly got into the top 10.