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So far this is true and has been put into act but on an experimental level: Panda's aim is to fight against content farms, duplicate content, low quality articles and simply copy and paste the description from other website to their website to increase the search engine rankings.
Panda is at its very early stages, its like the first V2 rockets, aimed at London but splashed down in the sea near Dover time after time.
The main process is to locate websites that are linked on multiple link farms or that spam blogs using keywords that they already rank for or that they are in the process of ranking. Up to this stage they have figured it out and many high ranked websites and blogs have been "pushed back". Google claims they have cleaned up 12% of what they intend to and in majority websites in English and most of all websites hosted in the USA.
If you are a linkwhore, spamwhore or you're simply linked on a dozenish linkfarms you will be affected when Panda rolls out across the world.
We have been taking preventive measures to avoid that our clients see their websites effected and if you know where to put your hands, I suggest you do the same.
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