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I've noticed some extreme drops. Some of my names have recently been earning about 1/5 of what they used to earn when I started the program. Overall revenue is down about 40-50% for me too, possibly 4th of July holiday? My traffic is still roughly the same though, its mainly the revenue that isn't like it used to be.
the drops in revenue are seasonal... then the past few days google has been having problems as well... they were suppost to fix whatever was wrong, so that is good news for all of us.
There is also big mess in the stats, a lot of pageviews and therefore profits missing, hope it was Google who screwed, I am still 200K pageviews short to make direct deal with Google...