According to google , they say:
"The domain name is now clickable, and we also added a new button to visit the page the image is hosted on. This means that there are now four clickable targets to the source page instead of just two. In our tests, we’ve seen a net increase in the average click-through rate to the hosting website."
However, our referral traffic is down too, so is anybody else's I have seen / heard of. The number of buttons does not do anything, an I would like to see their results.
In the past, I have had good traffic from google image search, now it is just less of the same traffic, which is really sad in my opinion.