# Does stock market crash every year?
# Does global economy sink every year?
# Does earthquake hit a country every year?
# Does Sunami hit every year?
# Does American soldier go to war every year?
If above things are not going to happen every year then you can be sure that you just can't see any massive Google update like penguin in these two years. So if your website is well ranked after penguin then you are going to be on the top position in Google till 2014,
After penguin update Google is solving bug issues as many respected sites are hit by this update. Fixing update is penguin 1.1, Also I have heard that they are fighting a case which was filled because of this update. They have huge number of shares in stock market. They will not do anything silly to lower their share price rate.
So congratulation to those webmasters whose websites are survived after this penguin update.
Thanks and hope you will agree with my points.