I believe that there was a mess in their algo. Most of my sites were up by a few backlinks, nothing major, one site lost 9, also no big deal. BUT, one site which shows 1200 backlinks (according to google) after this bogus Backlink update went to 0 (Zero). Then went back to its original 1200. But it showed zero for 2 days. (no way its got zero backlinks, Yahoo shows 13,200 backlinks to the site).
SE .. mate I'm with ya.. I've stopped worrying about the increase, decrease in backlinks, providing my serps are holding the positions I'm happy Candy, nice pic!