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I first saw more changes a couple days ago and posted about it here but was surprised no one else seemed to see it. Last night I saw more changes including some which reversed the changes I saw days ago.
I'm starting to suspect that Panda also looks at the relationship between sites and can at times identify links to your other sites. So if you have a site that is doing something seen as spammy there is the risk that Google will penalize your other sites too. It could be beneficial to clean up your networks and wait a few months to see what happens.
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