Penguin 4.0...for real this time

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Google launched Penguin 4.0 this morning. It is said to be more granular, focusing more on spammy pages rather than websites as a whole.

Going forward, Penguin will be real-time much like Panda before it. This means that it will be more difficult to determine if a website has been filtered (no hockey stick decrease in Google Analytics), but webmasters will never again need to wait 2 years for recovery after disavowing.

Is anyone seeing any recovery yet? What about a loss?