We have shared a few articles here already about Penguin 2.1 that was rolled out over a week ago. This article by Glenn Gabe is a description of the conclusions he has arrived at based on his analysis of nearly 26 sites that were hit by penguin 2.1, regarding what changes Penguin 2.1 brings.
http://www.hmtweb.com/marketing-blog/pe ... -analysis/
And this here is a related article that talks about how to recover if you have been hit by penguin 2.1 - http://www.searchenginejournal.com/peng ... ver/72977/