It's not really a matter of what Matt Cutts says, but most (not all) of what he predicts does end up happening. There is also the issue of the posting in the AdSense blog and the January AdSense newsletter. Those types of warnings tend to precede actions. It looks like several warning shots are being fired.
We've already seen G go after directories, thin affiliates and data feed sites. I fully agree that the main targets will likely be sites that copy full articles, but after all, that is what most autoblogs do.
dawg, I know that you don't want to hear this, but if every autoblog on the planet disappeared, the search results would likely improve. Most people dislike finding 8 out of the top 10 articles to be duplicates.
Heck, G has taken at least $20k in annual income away from me because of changes they made over the past year. I don't do autoblogs, so it won't hurt me, but it sure looks like they are setting their sites for them.
The warnings may not mean anything, but then again. . . 
I don't agree with most of the changes made by G over the past year, including all of the bells and whistles they have loaded into the search results pages, but I don't have a vote in the matter.
"It's inexcusable for scientists to torture animals; let them make their experiments on journalists and politicians." -Henrik Ibsen
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