GameMasterM - 2:56 pm on May 20, 2006 (gmt 0)

From Crobb

" Can Google Notebooks affect the ranking of websites? What are the implications of Notebooks from an SEO standpoint and how can we use it to our advantage?"

I believe it will affect rankings. You have to think Google views this as user generated content (by proxy) and generally content of good will.
As U.G.C. gains momentum you will see relevance pinned to the more popular links saved.
Look at Furl and how their popular "saves" are found with the click of a tab. Those popular saves are then founds in the LookSmart vertical directory.
Yahoo will do this with Del. as well IMO.
I would save every link and page you operate.