Quote:
Originally posted by jojojo
I have been watching Google and WW for the last 3 weeks intensively and here is what I know so far:
On May 5th the update began and it used the data from Feb/March's Deepbot crawl instead of April's. On the non-public datacenters we began seeing those SERPS showing these old results in varioud different ways as they apparently tested several aspects of their algo and new changes that have been made to them. Over the last 20 days we have seen freshbot listings mixed in, sites completely dropped and then appear again several days later and several different datacenters feeding www and aol and yahoo.
The PR you see is/was fluctuating between this old data's PR (from March) and the most recent PR you had.
The backlinks you see are from the same old time frame also.
All 9 datacenters are basically lined up now but not quite.
www had pretty much settled today but now some other weird things are happening and it appears their is a mix of datacenters or something going on because some SERPS are changing their rankings a bit.
There was a lot of talk that the once a month update was going to be replaced by a continual rolling update but that is now being dowplayed by 'Googleguy' (he works for Google and posts on WW)
Originally he said they would gradually add in the new backlinks and new spam filters etc but now he is basically saying that it will happen at the next update and also to expect to see the same traditional style update each month for the next few months.
So all that really happened is that Google went backwards a few months with their data while they tested some new things.
On June 5-15th you will see the next update happen and should be current - using April's deepbot data but also be ranking the pages and calculating backlinks differently - in apparently a more evolved way.
So the bottom line is - don't worry if you have dropped in rankings or out completely or anything for that matter - everything will become clear and return to where they should be very soon 
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...I get my 65k uniques per day and this is all that matters ...