Kush,
>>Any chance you can copy+paste the information that googleguy said? I'm sure I'm not speaking along when I say that I'd like to see it <<
He doesn't really say anything very direct. Sometimes he will respond and just give creedance to someone elses post to 'say something'.
The gist is:
1) Just chill for another 3 days until things settle.
2) They changed their secret formula again that throws many results into a tornado for a while.
3) GoogleGuy essentially says "Tough shit- we can do what we want when we want, buy some fuckin' AdWords if you are gonna cry" OK. he said things in a more matter-of-fact business like way.

But that is the deal.
4) Many people seem to feel Google is 'broke' again regarding index pages.
5) Someone wil report a problem with a results page on say 'pencil sharpeners' and Googleguy will say "What is the problem- I see results for pencil sharpeners?" See #3.
6) Dozens of posts will go on and on about very subtle *possible* changes that are being factored into this formula. These are all useless until it settles. The update thread is well over 600 posts now.
7) Many will chime in that they have been #1 or whatever for like 2 years and are now on page 20 and sites above don't really make sense. I'll refer you to #3.
8) Every 100th post or so someone says they are happy with the results and give GG a big thumbs up then a nice long BJ.
9) Many people will then disagree with the BJer and explain their various theories IN DEPTH.
10) Then those same people will banter back and forth over the theories trying to make specific points. No URL's are allowed on the board so no specific searches are ever shared. It's like reading a mystery novel with interesting characters.
11) Once in a long while a more senior member will chime in with good reasonable observations. Nearlry *all* paid members avoid that thread like the plague.
Repeat the above 100's of times and that's the update thread in the most blunt manner possible.
I think...the only good thing about it is that it will tend to make one think a bit because it's our nature to want to know how to control things even if it's a tiny aspect. And if something makes your brain fire up a bit it's always a good thing...
...until your revvin' in high gear with tires smoking down to the rims.
Refer to #1 right now 'cos anything else is a waste until it's done cooking.