My site is another that has been hit by the new algorithm. All my pages that were ranked by Google have been dropped way down in ranking and my traffic coming from Google is down to almost nothing.  My site is less than a year old but had been showing steady growth until this algorithm change.

Fortunately I have more and more pages ranked at Bing and Yahoo so traffic from them is increasing. An interesting note I noticed in Google Analytics is that the little traffic I have coming from Google now has a higher bounce rate, less time spent on my site and less pages visited than the traffic from Bing and Yahoo.  That indicates to me that Bing and Yahoo do a better job of delivering targeted visitors than Google does after this recent algorithm change...at least for my site.  I have always preferred Google as a search engine but this change leads me to believe I will find more relevant content from my searches by switching to Bing.