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Any of those using SAPE links were supposedly penalized and downgraded in their rankings over the past 24 hours or so. [seroundtable.com...]
Matt Cutts : just another day at the office for me. :) Okay, gotta look at some really naughty Russian link selling software now.
FWIW - reports of another code based link network biting the dust, with references to a much earlier Tweet by Matt Cutts indicating his interest in putting a Russian network to sleep.
It seems this type of things has a high degree of manual intervention, before sending out tracers and a flicking of the switch to bring the network down. Academic really [ except for those affected ] - but it does demonstrate how simple it can be for Google in this particular style of system.
[edited by: martinibuster at 2:19 pm (utc) on Mar 8, 2013]
[edit reason] Fixed formatting. [/edit]