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I SEO'd my URLs on Feb 28 and have been looking at a white PR toolbar since. I now see previous (or better) PR on all SEO'd pages. Actually, as of 3 days ago my whole site is back in Google after 8 months of being 950'd. When I put all my facts and figures together I'll post what I did to come back into Google's good graces.
My competitor's site has dropped from 6 to 5 on the same datacenters.
Traffic doesn't seem to be affected so far. But it does make me chew my nails.
2nd level pages with higher TBPR than the root domain
If I remember correctly, several people reported this kind of thing right after the January PR update too, but it settled out after a while.
[edited by: tedster at 8:22 am (utc) on April 28, 2007]