I've seen many sites get drawn down to their search engine positions many webmasters are panicking and don't know what to do since the recent Google penguin algorithm had been rolled out. I'd also like to know how to coup up with this changes and what are the most common remedy?

Yes , day by day , seo is getting tough. So the traditional strategies are now less effective.

yeah!!! SEO is now to much tough for work....

Again, this Month another algorithm has been rolled out by Google and seems that it's a big one and most of my clients are trouble with the change some sites had dropped in ranking dramatically. Has anyone here already seen the effect? and can somebody tell me what the new algorithm called? From the looks of it it's really a big change like the panda and penguin surely theirs a name for it...

SEO is now too much hard work ....

If your going to start a site now then definitely it's going to be much harder and tougher than it was in the previous years. But if you have a site that's been with you built prior to the new penguin 2.0 and been continuing to work with it to gain popularity prior to the latest change then it's much easier. As long as it's built for good purpose and not just for SEO and Monetization then you won't have to do much work as the latest penguin update is targeting spam sites from being able to reach on the top search query.