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Loren Baker from Search Engine Journal just confirmed that he got an email last night from Matt Cutts who said the toolbar PageRank update is not over yet and that he expects Google will be looking for more sites that appear to be buying or selling PageRank links.
The Search Engine Journal article quotes Matt Cutts:
"The partial update to visible PageRank that went out a few days ago was primarily regarding PageRank selling and the forward links of sites. So paid links that pass PageRank would affect our opinion of a site.
Going forward, I expect that Google will be looking at additional sites that appear to be buying or selling PageRank."
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