...that's bad...google's always using these friendly and cute animals to cover up drastic activities claiming to "improve" serps... anyways, I don't think you can state a 10-Point-what-to-do-list for these updates. It will always be different from what took place before, so it will be a new ballgame every time Big G works OT to implement those changes. I think the best type of advise is to talk to a link building expert (good luck on finding the one) and see what you can do to make your way through this. I usually work with ZENO SEO or teliad...both convinced me ZENO as an agency, and teliad as a resource for high quality backlinks. Both companies are not your average indian 2 Bucks 50 per 100 link type of players, but it is well worth a shot and those next updates will come for sure!!!!!
@MistaOptimiza We know that there's a handful of marketer out there that were puzzled with Penguin Update, this post might help you; http://www.seomoz.org/ugc/the-penguin-update-how-google-identifies-spam#jtc180483
Avoid over optimization, keyword stuffing, hidden text and duplicate content to rank well your site after Google Penguin Update.