Yes Google Panda has turned a little over a year with their latest update being Google Panda 3.3. There are cases of websites still struggling to recover from the initial penalties. Panda requires that you have relevant, unique and quality content on your website and the only way to combat the penalty is by changing the whole website content or by altering and rectifying the pages with low content. Google Panda update has affected SEO but 1 year later positively we can claim to see better quality in our search results.