The Panda 2.5 is moving forward, and on the night of the 13th of October, a minor update was rolled out by Google. The update was confirmed by Google's Matt Cutts in a tweet. The webmaster forums have a raging discussion going on about the same, where site administrators have reported a severe loss of traffic.
The Panda 2.5 has seen a lot of speculations. Last week when the Panda 2.5.1 came in, discussions were rife about it being a roll back. Ever since the Panda 2.5 hit, and the winners and the losers declared themselves, the focus has been on the timing of the update. The festive season is on and these frequent updates have led to massive losses to many webmasters. That is why most have categorized the minor updates as a major one.
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