The very same here. Down more than 50%!
And I don't think it will improve as their concept of "quality clicks" is strange at least.
Do they put a cookie when someone clicks from my site? Maybe, but it doesn't count towards my PPC improvement even if the same user proves to be valuable.
As Google says: (
https://adwords.google.com/select/news/sa_mar04.html )
"We take into account many factors such as what keywords or concepts triggered the ad, as well as the type of site on which the ad was served. For example, a click on an ad for digital cameras on a web page about photography tips may be worth less than a click on the same ad appearing next to a review of digital cameras.
Google saves you time and hassle by estimating the value of clicks and adjusting prices on an ongoing basis. With improved smart pricing, you should automatically get greater value for clicks from ad impressions across our network, all with no change in how you bid."
I sincerely doubt in this logic as an user seeing/clicking the ad which says: "Buy From Us", knows exactly where is he heading, regardless of where is he coming from.
IMO, Google simply improves its PPC competitiveness at the cost of affiliates.