We are certainly hearing a lot from people who are seeing odd and not very relevant results using certain search phrases, mostly those who have websites that target those words. On the other hand, there are also reports of people seeing Google search results which are MORE relevant and less spammy, especially as time went on following the Florida update. Unsatisfied customers are always noisier than satisfied customers, and understandably so...
The updates aren't finished - and as long as they continue, as long as Google continues to test and refine their algorithms and filters, we will see results for certain searches which are less than ideal - I don't think this will continue for very much longer and I think the end result will be improved and more relevant results for the most part.
I'm happy to see stronger competition for Google emerging, if indeed that happens - I think that always keeps things more honest. But, to paraphrase the famous quote, in my opinion "the reports of Google's death are premature".
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