Eight Centimeters

Or 2.7 milliarcseconds*,  it's making me think too much. I'm not too worried about the day being shorter by 1.26 microseconds, however.

Gross said that even though the Chilean earthquake is much smaller than the Sumatran quake, it is predicted to have changed the position of the figure axis by a bit more for two reasons. First, unlike the 2004 Sumatran earthquake, which was located near the equator, the 2010 Chilean earthquake was located in Earth's mid-latitudes, which makes it more effective in shifting Earth's figure axis. Second, the fault responsible for the 2010 Chiliean earthquake dips into Earth at a slightly steeper angle than does the fault responsible for the 2004 Sumatran earthquake. This makes the Chile fault more effective in moving Earth's mass vertically and hence more effective in shifting Earth's figure axis.

*Go here if you really want to know more.