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NovaW - 6:38 pm on Oct 8, 2002 (gmt 0)
So if you have a very high PR (8+) then it may become the dominant factor - there is a thread about PR being dead but I don't see that at all - I see anchor text reduced in importance in the algo, but it is still a factor & if you have a lot of such relevant anchor text then it can still win through. I see for highly competitive search a site #2 PR8 - no on page keywords (well except for some hidden text) & some anchor text. Previous update #2 was PR7 - lots of on page relevancy & masses of relevant anchor text - dropped to #13. My site was PR7, on page factors & moderate level of anchor text - #6 down to #26 Problem with PR on it's own is that it is not keyword specific it is just a popularity contest - so if PR has a higher weight then it can create a lower relevancy. It's all just guesses based of what i have seen.
It's a fair assumption that every factor counts - it just depends how it is weighted in the algo. Presumably each factor creates a score that then determines the ranking.