I have not worked in the web area for a while and I was just looking into pagerank of a site I was helping a friend with. She had a pr of 1, and another friend that I checked had a pr of 0. Both these sites are all original content, the former a whats-on guide, the latter a photography site.
Has there been a serious change in the last few years? I remember back in the day the lowest pagerank I saw was maybe 2 - and that was for MFA sites... seems like the scale has lowered significantly.
Yes, the PR scale has definitely shifted - especially because of the explosion of web pages that are now online. PageRank is a logarithm-like scale that essentially measures the relative connectedness of all web pages - or more simply PR depends on links. When the total number of pages goes up, the relative number of interconnections for the average page is necessarily a smaller slice of the whole pie.