Either it is Softer Panda Update or Google Panda Refresh?

Based on the very early chat, it seems that a Google Panda refresh started from yesterday. Many people are confuse if it is version two of softer Panda update that Matt Cutts has promised.

The WebmasterWorld discussion has posted yesterday about changes at Google and according to this sites seems impacted by the Panda algorithm. One webmaster write, he see a bad sign of silent update because he noticed lowest traffic in last five years.

Questions that arise in our mind:
1. Is it Google's new update?
2. If it is, it is typical Monthly Panda refresh?
3. Was it softer Panda update that can harder for many?

Matt Cutts: Fluxion in Google's Search Results

In the video released on 1st April Matt Cutts has made it clear that the changing of Google's search results will be in fluxion. Google's changing are in keeping in mind the changing of web, searchers, devices and spammers.

Although the results are perfect are today but according to Matt Cutts we have to work hard making this result perfect in future.

So all the SEOs need to be ready to adapt all the changes

Forum discussion at Google+ and Twitter.