Martin Roettgerding has written a fantastic article over at ppc-epiphany on how and why Google might calculate and use quality score in determining ad rank and click prices. I personally have not been able to see any major impact working on PPC landing page quality, but his logic is really strong. Generally it boils down to that fact that Instant Preview CTRs can help Google estimate potential revenue, and use it to their advantage. Today your landing page does actually make a difference to Google's bottom line.
He notes that the typical optimization used in SEO provides little quality score improvement and provides advice on how to optimize for the preview, with ideas like making the page more attractive by getting rid of text and using images to improve your CTRs.
This is a must read for the advanced PPC manager and people still trying to understand why Google has moved to using landing page score quality in determining ad rank and click prices.