Just thought I would share my story.
I have 6 sites that were bringing me a good income on adsense for over 2 years. Up and till yesterday of course. Every single site I own, including ones that were not adsense based got slapped into oblivion.
I was untouched during the first panda update, and I finally got man handled on panda 2.1. On 2.1 it wasn't so bad, i lost about 40 percent of my earnings and positions dropped rather than pages dropped.
As of 23 June 2011 I woke up to find every single one of my sites had been molested by those at google. No message in webmaster tools, nothing at all.
From earning over $400 daily to $3 a day all in the space of 3 months I feel like giving up on my dreams. Yes I hate to admit it, but it feels like im fighting a battle I can never win.
When I was hit on 2.1 I revamped everything. I spent over $5000 on content, fixed every issue as many have said. no index, 301s, seo, whitehat backlinks etc etc etc.
Do I feel I have been slapped unfairly? Yes I do. Am I the only one? no, clearly not.
I taught a few friends of mine how to make adsense sites back in the day when the whole Xfactor thing was going on. I evolved from that, even ditching all those micro niches sites in favour of working with google, not against them.
What's upsetting is those same guys I taught have been untouched, and are in fact earning more than me as there 1 page sites have risen. What makes matters even worse, the content is bad, 250 words, grammar is terrible and there are only a few backlinks from ezine supporting them.
I resorted to comfort eating feeling sorry for myself yesterday, but as of today I have picked myself back up and refuse to let myself get depressed about it. Like others I have a family and wife to support, and even though I am lucky enough to get the support I need from everyone, it pains me to see that deep down inside they feel my hurt too, even though they won't admit it.
As of now, I have no idea. At the end of the day I only have myself to blame. Lesson learnt. I think it's time to let go and hit the job listings. :-)