For those of you who watch such things – it seems that Google have just started a backlink update.
New Google update
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My name is Darren Rowse and I’m a full time Blogger making a living from blogs like 
Thanks for the tip, appreciate it.
I’m not seeing any changes – what tool are you using to check this? (I use mcdars)
I use digital point’s keyword and backlink tracker
Weird – I use dp’s tool too. No changes. Oh well, thanks for the tip Darren. I’ll be tracking this over the next couple days.
I don’t see significant changes but Yahoo mauled my site today… hardly a peep out of Google.
I’m seeing some minor position and PR changes here. I don’t think it’s stabilized yet. Enjoy the roller-coaster ride…
What we are seeing is that except for a handful of results that point to our domain, every time you do a search for our name, there is a different set of results. Totally unpredictable.