For my primary site which is about 4 months old, backlinks went from 27 to 39 about 5 days ago. But, I received no Google alerts.
Also, indexed pages containing my url (found with @www.myurl.com) jumped from about 870 to 1500. And I've seen a major change in position. For my 2nd most competitive phrase (pool 40k) I went from #27 to #15. For my most competitive phrase (pool 1200k), I went from #195 to #85.
I'm quite pleased with the progress, but feel that what I'm seeing today is based on page stats and link count from about 6 weeks ago. I hope I'm right. If so, my position should improve further with the next update.
Lastly one major change is that within the first 15 listings for my 2nd phrase, about 10 are directories. Most are in the SERPS because *I* listed with them. My description is shown for most. While it's nice to see my description, they are in effect pushing me onto SERP 2.
So, I've put a half dozen outbound links on my default page, in the hope of looking more like a directory or blog. We'll see what happens.
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