It was announced in the SMX advanced conference that Google will be launching the next improved algorithm of Google Panda Version 2.2 soon. It is a big SEO news for bloggers, content writers, forum posters, webmasters. Some of its criterias are: 1) Resolving The Webmaster complain of content scraping by some scraper sites. 2) Recompilation Of data may cause high SERP 3) Scanning of hidden text
Thats true and it is live and running successfully. But it affects many famous sites negatively so they have complain lot about it. Thus I have heard that on this basis they are doing constant improvement in this. So atlast when all done so we hope it will proves very beneficial for us. Coz all love and like Google and have complete trust on it.