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I don't think Google's algorithm has changed much, if at all - I think it is making some changes and will make more over a long period.
From what I can see, their first change was to reduce the valus of keywords some *sites are using.
*Sites that are interlinking from the same ip address - (If your box only runs from 1 ip - All the domains on that box has been devalued)
I could be way off - But this is my current thinking!
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