SEO expert Danny Sullivan has a great write-up on Google’s Panda Update over on Search Engine Land.  From his intro:

With Google Panda Update 2.2 upon us, it’s worth revisiting what exactly Panda is and isn’t. Panda is a new ranking factor. Panda is not an entirely new overall ranking algorithm that’s employed by Google. The difference is important for anyone hit by Panda and hoping to recover from it.

As always Danny does a great job of describing in detail new trends and changes while placing them in a larger context — reminding us of SEO fundamentals and the big picture.  This is a rare thing even among SEO gurus.  Read the full article here.