I'd heard quite a bit about getting out from under Panda just by moving sub-domains or pages so I finally gave it a try. I moved a half dozen pages that were drawing a few hundred visitors a day from Google on my Pandalized (down 80%) site to my Panda pleased (up over 300%) site this weekend.
It took a little over 24 hours for Google to start indexing the pages on the new site so I'm not sure if Monday results represent a full day. Of the half dozen pages, three were slightly above their pre-Panda level (year-over-year) on Monday, and three were around 20% under. The average Google traffic for the six pages Monday was around 250 visitors each.
So now the waiting begins for the next Panda cycle. I'm expeciting one of three things to happen, so it will probably be the fourth.
First: Panda could say, "I recognize these pages" and crush the entire site.
Second: Panda could smirk and say, "Took him nine months to figure that out, may as well have made a baby," and do nothing.
Third: Panda could look in awe at this great new content and triple its visitor count, like it did for everything else on the site a couple months ago.
Anybody want to fill in the fourth possibility for me?