Sorry dear, as of now the official status of the upcoming google update is unknown, but I am sure, it will do some serious damage to keep the SEOs on their toes. And one thing that I recommend to all, stay genuine, stay honest; lest your site be sent to hell by google.
''Googleâ€™s Panda Update is a filter introduced in February 2011 meant to stop sites with poor quality content from working their way into Googleâ€™s top search results. Panda is updated from time-to-time. When this happens, sites previously hit may escape, if theyâ€™ve made the right changes. Panda may also catch sites that escaped before. A refresh also means â€œfalse positivesâ€ might get released.''